J&T GRINDSTED ApS — Credit Rating and Financial Key Figures

CVR number: 34592918
Engsøparken 149, 7200 Grindsted

Credit rating

Company information

Official name
J&T GRINDSTED ApS
Established
2012
Company form
Private limited company
Industry

About J&T GRINDSTED ApS

J&T GRINDSTED ApS (CVR number: 34592918) is a company from BILLUND. The company recorded a gross profit of 322.6 kDKK in 2024. The operating profit was 292.2 kDKK, while net earnings were 195.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.1 %, which can be considered good but Return on Equity (ROE) was 32.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 22.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. J&T GRINDSTED ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit161.44259.80261.69301.64322.57
EBIT-3 410.19205.80256.34270.87292.23
Net earnings-3 383.5989.09166.14173.57195.54
Shareholders equity total-2 236.40169.09335.23508.80704.34
Balance sheet total (assets)3 443.323 513.943 213.623 232.743 194.21
Net debt5 390.112 823.542 635.382 451.092 202.05
Profitability
EBIT-%
ROA-53.5 %4.5 %7.7 %8.4 %9.1 %
ROE-147.4 %4.9 %65.9 %41.1 %32.2 %
ROI-54.2 %4.5 %7.8 %8.6 %9.3 %
Economic value added (EVA)-3 316.60335.90229.09224.37234.86
Solvency
Equity ratio-39.4 %4.8 %10.4 %15.7 %22.1 %
Gearing-252.3 %1899.8 %814.9 %509.3 %331.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.50.10.10.1
Current ratio0.20.50.10.10.1
Cash and cash equivalents251.39388.7396.35140.22132.90
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingCBBBBBBBBBBBB

Variable visualization

ROA:9.12%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:22.1%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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