JJM. HORSENS ApS — Credit Rating and Financial Key Figures

JJM. HORSENS ApS (CVR number: 24224066) is a company from HORSENS. The company recorded a gross profit of 11 mDKK in 2016. The operating profit was 1628.9 kDKK, while net earnings were 1322.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29.9 %, which can be considered excellent and Return on Equity (ROE) was 89.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 25.8 %, 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. JJM. HORSENS ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.