JTC LEASING ApS

CVR number: 32348602
Birkevej 9, 8410 Rønde

Credit rating

Company information

Official name
JTC LEASING ApS
Established
2012
Company form
Private limited company
Industry
  • Expand more icon77Rental and leasing activities

About JTC LEASING ApS

JTC LEASING ApS (CVR number: 32348602) is a company from SYDDJURS. The company recorded a gross profit of -16.8 kDKK in 2023. The operating profit was -16.8 kDKK, while net earnings were -4.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3 %, which can be considered weak but Return on Equity (ROE) was -83.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 0.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. JTC LEASING ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit-9.80-10.50-11.80-13.85-16.81
EBIT-9.80-10.50-11.80-13.85-16.81
Net earnings7.574.833.01-0.88-4.77
Shareholders equity total1.186.009.018.133.36
Balance sheet total (assets)3 233.493 118.723 163.983 011.862 902.47
Net debt2 956.542 901.262 846.312 796.232 749.89
Profitability
EBIT-%
ROA3.5 %3.4 %3.3 %3.2 %3.0 %
ROE0.5 %134.5 %40.1 %-10.3 %-83.1 %
ROI3.6 %3.5 %3.4 %3.2 %3.1 %
Economic value added (EVA)-7.33-5.30-11.58-7.98-11.07
Solvency
Equity ratio0.0 %0.2 %0.3 %0.3 %0.1 %
Gearing256427.1 %48518.3 %32991.2 %35008.5 %82458.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.80.80.90.9
Current ratio0.70.80.80.90.9
Cash and cash equivalents59.0410.32125.8848.5618.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:3.04%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:0.12%
Rating: 1/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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