JM SERVICE BILLUM ApS — Credit Rating and Financial Key Figures

CVR number: 11321402
Kringsvej 1, 6857 Blåvand
tel: 75258850

Company information

Official name
JM SERVICE BILLUM ApS
Established
1987
Company form
Private limited company
Industry

About JM SERVICE BILLUM ApS

JM SERVICE BILLUM ApS (CVR number: 11321402) is a company from VARDE. The company recorded a gross profit of 471.9 kDKK in 2023. The operating profit was 460.5 kDKK, while net earnings were 432.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 40.3 %, which can be considered excellent and Return on Equity (ROE) was 49.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 75.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. JM SERVICE BILLUM ApS's liquidity measured by quick ratio was 4.1 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit181.1814.4081.9323.07471.90
EBIT165.08-2.8765.7213.55460.46
Net earnings159.78-5.4020.7110.27432.73
Shareholders equity total999.18883.18790.90686.761 060.60
Balance sheet total (assets)1 138.111 052.26994.32878.091 405.72
Net debt- 160.80- 157.35- 204.31- 157.33- 142.30
Profitability
EBIT-%
ROA14.8 %-0.3 %10.4 %1.4 %40.3 %
ROE17.4 %-0.6 %2.5 %1.4 %49.5 %
ROI16.8 %-0.3 %2.6 %1.5 %43.6 %
Economic value added (EVA)124.00-45.0035.31-6.91417.36
Solvency
Equity ratio87.8 %83.9 %79.5 %78.2 %75.4 %
Gearing13.7 %22.7 %25.0 %18.1 %
Relative net indebtedness %
Liquidity
Quick ratio7.620.34.84.54.1
Current ratio7.620.34.84.54.1
Cash and cash equivalents160.80278.01383.89328.85334.29
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:40.3%
Rating: 89/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.4%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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