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JAC Flying A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About JAC Flying A/S
JAC Flying A/S (CVR number: 38795821) is a company from VESTHIMMERLANDS. The company recorded a gross profit of -527.7 kDKK in 2024. The operating profit was -1015.2 kDKK, while net earnings were -1331 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.3 %, which can be considered poor and Return on Equity (ROE) was -12.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -38.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. JAC Flying A/S's liquidity measured by quick ratio was 10.9 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 305.87 | 472.00 | - 263.70 | - 518.33 | - 527.73 |
| EBIT | - 375.31 | - 272.29 | - 758.53 | - 985.95 | -1 015.22 |
| Net earnings | - 593.37 | - 421.68 | -1 331.76 | - 629.48 | -1 330.98 |
| Shareholders equity total | -2 680.08 | -3 101.76 | -4 433.52 | -5 063.00 | -6 393.98 |
| Balance sheet total (assets) | 11 648.73 | 10 875.55 | 10 277.57 | 10 434.20 | 10 359.43 |
| Net debt | - 594.22 | - 269.80 | - 190.04 | 15 357.27 | 16 549.38 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -2.7 % | -1.9 % | -5.3 % | -6.5 % | -6.3 % |
| ROE | -5.0 % | -3.7 % | -12.6 % | -6.1 % | -12.8 % |
| ROI | -8548.2 % | -1437.3 % | -3824.1 % | -12.8 % | -6.3 % |
| Economic value added (EVA) | - 270.48 | - 138.03 | - 604.16 | - 477.74 | -1 311.35 |
| Solvency | |||||
| Equity ratio | -18.7 % | -22.2 % | -30.1 % | -32.7 % | -38.2 % |
| Gearing | -0.3 % | -1.0 % | -0.2 % | -304.3 % | -261.6 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.0 | 0.0 | 0.0 | 8.5 | 10.9 |
| Current ratio | 0.0 | 0.0 | 0.0 | 8.5 | 10.9 |
| Cash and cash equivalents | 602.46 | 299.45 | 200.06 | 46.94 | 178.16 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BB | BB |
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