JT Holding 2020 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | 305.49 | 530.31 | ||
Gross profit | 273.85 | 524.06 | 6.25 | 25.63 |
EBIT | 273.85 | 524.06 | 2.25 | -25.43 |
Net earnings | 240.89 | 495.19 | 597.48 | 666.94 |
Shareholders equity total | 280.89 | 719.58 | 1 259.86 | 1 867.90 |
Balance sheet total (assets) | 1 161.74 | 1 413.11 | 2 813.14 | 4 343.59 |
Net debt | 877.10 | 681.98 | 1 339.74 | 1 001.22 |
Profitability | ||||
EBIT-% | 89.6 % | 98.8 % | ||
ROA | 23.6 % | 40.7 % | 30.2 % | 20.0 % |
ROE | 85.8 % | 99.0 % | 60.4 % | 42.6 % |
ROI | 23.6 % | 40.8 % | 30.3 % | 20.1 % |
Economic value added (EVA) | 273.85 | 526.71 | 6.34 | -26.96 |
Solvency | ||||
Equity ratio | 24.2 % | 50.9 % | 44.8 % | 43.0 % |
Gearing | 312.3 % | 95.7 % | 122.9 % | 132.0 % |
Relative net indebtedness % | 288.3 % | 129.5 % | ||
Liquidity | ||||
Quick ratio | 0.9 | 0.9 | 1.0 | 1.8 |
Current ratio | 0.9 | 0.9 | 1.0 | 1.8 |
Cash and cash equivalents | 6.55 | 208.55 | 1 464.47 | |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | -17.3 % | -14.1 % | ||
Credit risk | ||||
Credit rating | BBB | BBB | A | A |
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