JAI A/S
Credit rating
Company information
About JAI A/S
JAI A/S (CVR number: 34795312K) is a company from KØBENHAVN. The company reported a net sales of 41.5 mEUR in 2023, demonstrating a decline of -14.6 % compared to the previous year. The operating profit percentage was at 7.2 % (EBIT: 3 mEUR), while net earnings were 2168 kEUR. The profitability of the company measured by Return on Assets (ROA) was 7.9 %, which can be considered decent and Return on Equity (ROE) was 7.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 62.7 %, 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. JAI A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mEUR)
EBIT (mEUR)
Profitability
Solidity
Key figures (mEUR)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 33.93 | 30.53 | 33.19 | 48.58 | 41.49 |
Gross profit | 12.24 | 13.32 | 10.53 | 17.78 | 15.81 |
EBIT | -1.32 | 0.68 | -2.44 | 3.95 | 3.00 |
Net earnings | -1.04 | 0.68 | -1.68 | 2.90 | 2.17 |
Shareholders equity total | 32.50 | 31.16 | 28.11 | 29.80 | 27.23 |
Balance sheet total (assets) | 42.77 | 42.15 | 44.17 | 47.83 | 43.94 |
Net debt | 4.19 | 3.56 | |||
Profitability | |||||
EBIT-% | -3.9 % | 2.2 % | -7.3 % | 8.1 % | 7.2 % |
ROA | -3.1 % | 1.6 % | -5.6 % | 10.2 % | 7.9 % |
ROE | -3.2 % | 2.1 % | -5.7 % | 10.0 % | 7.6 % |
ROI | -3.3 % | 1.6 % | -5.6 % | 11.3 % | 9.6 % |
Economic value added (EVA) | -2.48 | -0.96 | -4.00 | 1.49 | 1.28 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 64.0 % | 62.7 % |
Gearing | 25.7 % | 33.6 % | |||
Relative net indebtedness % | 27.7 % | 24.3 % | |||
Liquidity | |||||
Quick ratio | 1.1 | 1.4 | |||
Current ratio | 2.6 | 3.0 | |||
Cash and cash equivalents | 3.47 | 5.58 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 71.6 | 63.2 | |||
Net working capital % | 50.4 % | 59.3 % | |||
Credit risk | |||||
Credit rating | BB | BBB | BB | AA | AA |
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