JTJ Ejendomsselskab ApS — Credit Rating and Financial Key Figures

CVR number: 41353163
Orebygårdvej 18, Tjørring 7400 Herning

Credit rating

Company information

Official name
JTJ Ejendomsselskab ApS
Established
2020
Domicile
Tjørring
Company form
Private limited company
Industry

About JTJ Ejendomsselskab ApS

JTJ Ejendomsselskab ApS (CVR number: 41353163) is a company from HERNING. The company recorded a gross profit of 442.9 kDKK in 2023. The operating profit was 313.6 kDKK, while net earnings were 122 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.8 %, which can be considered decent but Return on Equity (ROE) was 38.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 7 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. JTJ Ejendomsselskab ApS's liquidity measured by quick ratio was 0.4 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales
Gross profit86.22369.75446.02442.87
EBIT40.27255.29319.39313.61
Net earnings-11.3789.40139.13121.98
Shareholders equity total28.64118.03257.16379.14
Balance sheet total (assets)4 883.725 493.785 448.065 449.19
Net debt3 894.183 913.753 669.663 302.70
Profitability
EBIT-%
ROA0.8 %4.9 %5.8 %5.8 %
ROE-39.7 %121.9 %74.2 %38.3 %
ROI0.8 %5.0 %6.0 %5.9 %
Economic value added (EVA)34.9014.3064.8556.73
Solvency
Equity ratio0.6 %2.1 %4.7 %7.0 %
Gearing14793.4 %3377.0 %1452.9 %923.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.80.20.20.4
Current ratio1.80.20.20.4
Cash and cash equivalents341.9172.2366.74197.13
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:5.76%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:6.96%
Rating: 7/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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