JOLTECH ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About JOLTECH ApS
JOLTECH ApS (CVR number: 30812913) is a company from SØNDERBORG. The company reported a net sales of -0 mDKK in 2021, demonstrating a decline of -102.5 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -0 mDKK), while net earnings were -68.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.5 %, which can be considered poor and Return on Equity (ROE) was -36.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -74 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. JOLTECH ApS's liquidity measured by quick ratio was 6.8 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | -56.06 | -52.27 | 92.50 | 135.69 | -3.38 |
Gross profit | -56.06 | -52.27 | 92.50 | 135.69 | -3.38 |
EBIT | -93.78 | -99.68 | 48.34 | 99.77 | -34.75 |
Net earnings | - 125.89 | - 155.41 | 11.45 | 65.42 | -68.05 |
Shareholders equity total | - 246.76 | - 402.17 | - 309.67 | - 244.25 | - 312.30 |
Balance sheet total (assets) | 237.60 | 158.94 | 227.07 | 260.39 | 109.50 |
Net debt | 484.36 | 561.11 | 536.74 | 479.15 | 372.46 |
Profitability | |||||
EBIT-% | 52.3 % | 73.5 % | |||
ROA | -19.5 % | -19.1 % | 8.8 % | 19.2 % | -7.5 % |
ROE | -42.5 % | -78.4 % | 5.9 % | 26.8 % | -36.8 % |
ROI | -19.5 % | -19.1 % | 8.8 % | 19.2 % | -7.6 % |
Economic value added (EVA) | - 111.61 | - 107.68 | 44.67 | 93.23 | -40.50 |
Solvency | |||||
Equity ratio | -50.9 % | -71.7 % | -57.7 % | -48.4 % | -74.0 % |
Gearing | -196.3 % | -139.5 % | -173.3 % | -196.2 % | -119.3 % |
Relative net indebtedness % | -864.0 % | -1073.4 % | 580.3 % | 363.1 % | -12475.8 % |
Liquidity | |||||
Quick ratio | 43.6 | 6.8 | |||
Current ratio | 43.6 | 6.8 | |||
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -123.5 % | -32.0 % | 102.3 % | 109.9 % | -596.0 % |
Credit risk | |||||
Credit rating | B | B | BB | BBB | B |
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