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 -74.6 kDKK in 2024. The operating profit was -74.6 kDKK, while net earnings were 120.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.2 %, which can be considered weak and Return on Equity (ROE) was 0.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 97.2 %, 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 34.7 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -11.00 | - 103.34 | - 268.29 | - 262.89 | -74.58 |
EBIT | -11.00 | - 103.34 | - 268.29 | - 262.89 | -74.58 |
Net earnings | -42.51 | 27 381.77 | -9 247.96 | -1 196.20 | 120.46 |
Shareholders equity total | 700.56 | 28 082.33 | 16 760.89 | 15 873.02 | 15 994.09 |
Balance sheet total (assets) | 715.72 | 47 423.44 | 17 373.63 | 16 249.94 | 16 460.09 |
Net debt | - 224.48 | 12 415.37 | -8 865.05 | -1 095.95 | -58.13 |
Profitability | |||||
EBIT-% | |||||
ROA | -5.7 % | 116.8 % | -25.0 % | -7.3 % | 1.2 % |
ROE | -5.9 % | 190.3 % | -41.2 % | -7.3 % | 0.8 % |
ROI | -5.9 % | 131.8 % | -27.4 % | -7.4 % | 1.3 % |
Economic value added (EVA) | -48.34 | - 138.54 | -2 284.99 | -1 210.89 | - 868.68 |
Solvency | |||||
Equity ratio | 97.9 % | 59.2 % | 96.5 % | 97.7 % | 97.2 % |
Gearing | 49.5 % | 1.5 % | 1.6 % | 1.5 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 47.2 | 0.6 | 25.9 | 41.9 | 34.7 |
Current ratio | 47.2 | 0.6 | 25.9 | 41.9 | 34.7 |
Cash and cash equivalents | 224.48 | 1 478.40 | 9 122.74 | 1 353.63 | 295.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BBB |
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