JM HOLDING ODENSE ApS — Credit Rating and Financial Key Figures

CVR number: 32263712
Hvidkærvej 42, Højme 5250 Odense SV

Company information

Official name
JM HOLDING ODENSE ApS
Established
2009
Domicile
Højme
Company form
Private limited company
Industry

About JM HOLDING ODENSE ApS

JM HOLDING ODENSE ApS (CVR number: 32263712) is a company from ODENSE. The company reported a net sales of 0.5 mDKK in 2022, demonstrating a growth of -234.7 % compared to the previous year. The operating profit percentage was at 96.8 % (EBIT: 0.5 mDKK), while net earnings were 425.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10 %, which can be considered good but Return on Equity (ROE) was 24 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. JM HOLDING ODENSE ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales528.27381.56277.06- 370.22498.57
Gross profit516.26353.64263.89- 379.90482.67
EBIT516.26353.64263.89- 379.90482.67
Net earnings488.73299.41233.77- 431.57425.94
Shareholders equity total1 949.041 993.622 061.021 617.161 933.56
Balance sheet total (assets)4 551.996 196.264 814.754 480.565 242.46
Net debt1 359.641 262.361 192.501 577.672 237.55
Profitability
EBIT-%97.7 %92.7 %95.2 %96.8 %
ROA12.2 %7.0 %5.8 %-8.1 %10.0 %
ROE23.4 %15.2 %11.5 %-23.5 %24.0 %
ROI12.5 %9.2 %9.0 %-11.7 %13.0 %
Economic value added (EVA)610.99488.19484.16- 235.23643.70
Solvency
Equity ratio42.8 %32.2 %42.8 %36.1 %36.9 %
Gearing79.3 %73.7 %58.8 %98.5 %120.1 %
Relative net indebtedness %457.4 %1047.4 %986.6 %-769.5 %646.6 %
Liquidity
Quick ratio0.20.10.10.00.1
Current ratio0.20.10.10.00.1
Cash and cash equivalents186.44206.2620.2514.5885.23
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-266.8 %-947.2 %-920.2 %731.1 %-555.7 %
Credit risk
Credit ratingAAABBA

Variable visualization

ROA:9.96%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.9%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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