JTo Engineering ApS — Credit Rating and Financial Key Figures

JTo Engineering ApS (CVR number: 26909805) is a company from Høje-Taastrup. The company recorded a gross profit of -18.2 kDKK in 2023. The operating profit was -105.1 kDKK, while net earnings were -103 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14 %, which can be considered poor and Return on Equity (ROE) was -19.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 69 %, 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. JTo Engineering ApS's liquidity measured by quick ratio was 3.2 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.