Jet Nordic Group A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 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 | -42.51 | 27 381.77 | -9 247.96 | -1 196.20 |
Shareholders equity total | 743.07 | 700.56 | 28 082.33 | 16 760.89 | 15 873.02 |
Balance sheet total (assets) | 764.47 | 715.72 | 47 423.44 | 17 373.63 | 16 249.94 |
Net debt | - 241.74 | - 224.48 | 12 415.37 | -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 | - 127.26 | 1 627.05 | - 665.21 |
Solvency | |||||
Equity ratio | 97.2 % | 97.9 % | 59.2 % | 96.5 % | 97.7 % |
Gearing | 49.5 % | 1.5 % | 1.6 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 35.7 | 47.2 | 0.6 | 25.9 | 41.9 |
Current ratio | 35.7 | 47.2 | 0.6 | 25.9 | 41.9 |
Cash and cash equivalents | 241.74 | 224.48 | 1 478.40 | 9 122.74 | 1 353.63 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | B | BBB | BBB | BBB |
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