JM 1909 ApS — Credit Rating and Financial Key Figures

CVR number: 40620494
Jernvedvej 242, Jernved 6771 Gredstedbro

Credit rating

Company information

Official name
JM 1909 ApS
Personnel
1 person
Established
2019
Domicile
Jernved
Company form
Private limited company
Industry

About JM 1909 ApS

JM 1909 ApS (CVR number: 40620494) is a company from ESBJERG. The company recorded a gross profit of 3268.5 kDKK in 2023. The operating profit was 1443.3 kDKK, while net earnings were 1514.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.1 %, which can be considered good and Return on Equity (ROE) was 10.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 84.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. JM 1909 ApS's liquidity measured by quick ratio was 7.3 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 profit5 423.826 159.076 195.206 943.393 268.47
EBIT1 102.962 029.791 512.512 000.091 443.30
Net earnings844.191 558.801 281.271 463.191 514.53
Shareholders equity total9 637.1011 085.3012 253.5613 602.3514 116.88
Balance sheet total (assets)11 328.7113 250.4713 960.1617 019.4616 658.36
Net debt- 473.77-2 214.36-2 417.03-1 161.03-14 694.20
Profitability
EBIT-%
ROA9.7 %16.5 %12.2 %13.1 %12.1 %
ROE8.8 %15.0 %11.0 %11.3 %10.9 %
ROI10.5 %18.0 %13.2 %14.1 %13.3 %
Economic value added (EVA)850.621 543.57739.131 075.95546.01
Solvency
Equity ratio85.1 %83.7 %87.8 %79.9 %84.7 %
Gearing0.3 %1.2 %2.1 %10.4 %5.9 %
Relative net indebtedness %
Liquidity
Quick ratio3.63.54.51.97.3
Current ratio8.15.99.24.67.3
Cash and cash equivalents505.552 351.022 670.292 576.2415 527.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAABBB

Variable visualization

ROA:12.1%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:84.7%
Rating: 64/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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