Jovame A/S — Credit Rating and Financial Key Figures

Jovame A/S (CVR number: 20948531) is a company from KOLDING. The company recorded a gross profit of 3612 kDKK in 2020. The operating profit was 1765.6 kDKK, while net earnings were 1279 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.4 %, which can be considered excellent and Return on Equity (ROE) was 45 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 49.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Jovame A/S's liquidity measured by quick ratio was 2 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.