JT Holding 2020 ApS — Credit Rating and Financial Key Figures

CVR number: 41023651
Fredensvej 18, 6800 Varde

Company information

Official name
JT Holding 2020 ApS
Established
2019
Company form
Private limited company
Industry

About JT Holding 2020 ApS

JT Holding 2020 ApS (CVR number: 41023651) is a company from VARDE. The company recorded a gross profit of 25.6 kDKK in 2023. The operating profit was -25.4 kDKK, while net earnings were 666.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20 %, which can be considered excellent and Return on Equity (ROE) was 42.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 43 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. JT Holding 2020 ApS's liquidity measured by quick ratio was 1.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales305.49530.31
Gross profit273.85524.066.2525.63
EBIT273.85524.062.25-25.43
Net earnings240.89495.19597.48666.94
Shareholders equity total280.89719.581 259.861 867.90
Balance sheet total (assets)1 161.741 413.112 813.144 343.59
Net debt877.10681.981 339.741 001.22
Profitability
EBIT-%89.6 %98.8 %
ROA23.6 %40.7 %30.2 %20.0 %
ROE85.8 %99.0 %60.4 %42.6 %
ROI23.6 %40.8 %30.3 %20.1 %
Economic value added (EVA)273.85526.716.34-26.96
Solvency
Equity ratio24.2 %50.9 %44.8 %43.0 %
Gearing312.3 %95.7 %122.9 %132.0 %
Relative net indebtedness %288.3 %129.5 %
Liquidity
Quick ratio0.90.91.01.8
Current ratio0.90.91.01.8
Cash and cash equivalents6.55208.551 464.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-17.3 %-14.1 %
Credit risk
Credit ratingBBBBBBAA

Variable visualization

ROA:20.0%
Rating: 74/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:43.0%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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