JTM HOLDING 2014 ApS — Credit Rating and Financial Key Figures

CVR number: 35860274
Vestergade 38, Asferg 8990 Fårup

Credit rating

Company information

Official name
JTM HOLDING 2014 ApS
Established
2014
Domicile
Asferg
Company form
Private limited company
Industry

About JTM HOLDING 2014 ApS

JTM HOLDING 2014 ApS (CVR number: 35860274) is a company from RANDERS. The company recorded a gross profit of -6.2 kDKK in 2023. The operating profit was -6.2 kDKK, while net earnings were -60.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.6 %, which can be considered poor and Return on Equity (ROE) was -4.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 74.2 %, 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. JTM HOLDING 2014 ApS's liquidity measured by quick ratio was 0 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-5.00-5.63-5.63-5.63-6.25
EBIT-5.00-5.63-5.63-5.63-6.25
Net earnings12.8939.7264.15-6.73-60.17
Shareholders equity total1 653.161 582.881 534.031 413.291 236.12
Balance sheet total (assets)1 730.401 662.491 732.871 721.451 666.36
Net debt-42.4265.47160.43284.25408.78
Profitability
EBIT-%
ROA0.8 %2.5 %3.9 %1.4 %-2.6 %
ROE0.8 %2.5 %4.1 %-0.5 %-4.5 %
ROI0.8 %2.5 %4.0 %1.4 %-2.6 %
Economic value added (EVA)-7.69-23.06-22.02-16.52-9.44
Solvency
Equity ratio95.5 %95.2 %88.5 %82.1 %74.2 %
Gearing4.5 %4.7 %11.2 %21.0 %34.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.80.40.20.10.0
Current ratio1.80.40.20.10.0
Cash and cash equivalents116.158.2610.6913.2116.71
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAABBB

Variable visualization

ROA:-2.62%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.2%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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