JITO Ejendomme ApS — Credit Rating and Financial Key Figures

CVR number: 38892509
Webersvej 115, 7500 Holstebro
jimmi@jito.eu
tel: 26379479

Credit rating

Company information

Official name
JITO Ejendomme ApS
Established
2017
Company form
Private limited company
Industry

About JITO Ejendomme ApS

JITO Ejendomme ApS (CVR number: 38892509) is a company from HOLSTEBRO. The company recorded a gross profit of 395.9 kDKK in 2023. The operating profit was 311.2 kDKK, while net earnings were 24.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.9 %, which can be considered decent but Return on Equity (ROE) was 0.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -9.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. JITO Ejendomme ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales384.00384.00396.00
Gross profit337.13339.73352.80324.98395.86
EBIT252.46255.05268.13240.30311.18
Net earnings96.33108.27- 767.2368.5224.84
Shareholders equity total191.03299.30- 467.93- 399.41- 374.57
Balance sheet total (assets)3 815.873 743.153 787.453 609.953 535.33
Net debt3 428.333 041.913 832.313 671.123 464.14
Profitability
EBIT-%65.7 %66.4 %67.7 %
ROA6.6 %6.8 %6.8 %5.8 %7.9 %
ROE67.4 %44.2 %-37.5 %1.9 %0.7 %
ROI6.7 %7.1 %7.2 %6.1 %8.3 %
Economic value added (EVA)21.5630.6473.0783.5165.88
Solvency
Equity ratio5.0 %8.0 %-11.0 %-10.0 %-9.6 %
Gearing1794.7 %1049.7 %-841.8 %-933.1 %-955.7 %
Relative net indebtedness %937.5 %861.2 %1047.6 %
Liquidity
Quick ratio0.30.30.30.40.4
Current ratio0.30.30.30.40.4
Cash and cash equivalents99.95106.7655.59115.65
Capital use efficiency
Trade debtors turnover (days)87.73.120.3
Net working capital %-67.7 %-82.7 %-79.8 %
Credit risk
Credit ratingBBBABBBBBBBB

Variable visualization

ROA:7.86%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-9.58%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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