Jet Nordic Group A/S — Credit Rating and Financial Key Figures

CVR number: 20176598
Østergade 4, Haslev 4690 Haslev
stig@thygesennet.dk
tel: 22567211

Credit rating

Company information

Official name
Jet Nordic Group A/S
Established
1997
Domicile
Haslev
Company form
Limited company
Industry

About Jet Nordic Group A/S

Jet Nordic Group A/S (CVR number: 20176598) is a company from FAXE. The company recorded a gross profit of -262.9 kDKK in 2023. The operating profit was -262.9 kDKK, while net earnings were -1196.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.3 %, which can be considered poor and Return on Equity (ROE) was -7.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 97.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Jet Nordic Group A/S's liquidity measured by quick ratio was 41.9 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 profit-17.25-11.00- 103.34- 268.29- 262.89
EBIT-17.25-11.00- 103.34- 268.29- 262.89
Net earnings-42.25-42.5127 381.77-9 247.96-1 196.20
Shareholders equity total743.07700.5628 082.3316 760.8915 873.02
Balance sheet total (assets)764.47715.7247 423.4417 373.6316 249.94
Net debt- 241.74- 224.4812 415.37-8 865.05-1 095.95
Profitability
EBIT-%
ROA-1.6 %-5.7 %116.8 %-25.0 %-7.3 %
ROE-4.1 %-5.9 %190.3 %-41.2 %-7.3 %
ROI-1.7 %-5.9 %131.8 %-27.4 %-7.4 %
Economic value added (EVA)-64.96-36.19- 127.261 627.05- 665.21
Solvency
Equity ratio97.2 %97.9 %59.2 %96.5 %97.7 %
Gearing49.5 %1.5 %1.6 %
Relative net indebtedness %
Liquidity
Quick ratio35.747.20.625.941.9
Current ratio35.747.20.625.941.9
Cash and cash equivalents241.74224.481 478.409 122.741 353.63
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:-7.30%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.7%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

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