J & T STORCH ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About J & T STORCH ApS
J & T STORCH ApS (CVR number: 26335256) is a company from AARHUS. The company recorded a gross profit of -21 kDKK in 2023. The operating profit was -38.4 kDKK, while net earnings were -417.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.6 %, which can be considered poor and Return on Equity (ROE) was -6.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. J & T STORCH ApS's liquidity measured by quick ratio was 21.7 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -54.07 | -37.08 | -29.08 | - 113.95 | -21.02 |
EBIT | -71.47 | -54.47 | -46.48 | - 131.34 | -38.41 |
Net earnings | 61.40 | -1 418.82 | 37.32 | 7 056.01 | - 417.21 |
Shareholders equity total | 4 107.02 | 2 088.19 | 1 625.52 | 6 481.53 | 5 564.31 |
Balance sheet total (assets) | 4 139.95 | 2 115.42 | 1 670.44 | 6 558.78 | 5 652.04 |
Net debt | - 670.86 | - 744.84 | - 126.71 | -2 542.72 | -1 841.53 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.3 % | -20.6 % | 3.8 % | 172.4 % | -0.6 % |
ROE | 1.4 % | -45.8 % | 2.0 % | 174.1 % | -6.9 % |
ROI | 2.4 % | -20.8 % | 3.8 % | 175.0 % | -0.6 % |
Economic value added (EVA) | - 228.71 | - 227.14 | - 101.02 | - 190.49 | - 138.23 |
Solvency | |||||
Equity ratio | 99.2 % | 98.7 % | 97.3 % | 98.8 % | 98.4 % |
Gearing | 0.1 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 65.0 | 60.4 | 26.2 | 36.3 | 21.7 |
Current ratio | 65.0 | 60.4 | 26.2 | 36.3 | 21.7 |
Cash and cash equivalents | 670.86 | 744.84 | 126.71 | 2 542.72 | 1 846.53 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BBB | BBB | BBB |
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