Just Trees ApS — Credit Rating and Financial Key Figures

CVR number: 38740121
Grejsbjergvej 32, Grejs 7100 Vejle

Credit rating

Company information

Official name
Just Trees ApS
Established
2017
Domicile
Grejs
Company form
Private limited company
Industry

About Just Trees ApS

Just Trees ApS (CVR number: 38740121) is a company from VEJLE. The company recorded a gross profit of 60.8 kDKK in 2024. The operating profit was 55.3 kDKK, while net earnings were 982.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.9 %, which can be considered excellent and Return on Equity (ROE) was 22.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 91.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Just Trees ApS's liquidity measured by quick ratio was 10.4 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
2024
Volume
Net sales
Gross profit38.9312.27-2.1538.0160.78
EBIT38.9312.27-2.1538.0155.27
Net earnings780.62916.691 099.85618.66982.63
Shareholders equity total1 677.532 481.223 466.673 967.534 828.16
Balance sheet total (assets)2 134.722 888.143 873.174 185.905 292.97
Net debt- 910.24-1 854.00-2 991.37-2 963.89-3 691.23
Profitability
EBIT-%
ROA45.6 %37.6 %35.7 %16.1 %21.9 %
ROE58.1 %44.1 %37.0 %16.6 %22.3 %
ROI54.5 %42.7 %39.6 %17.3 %23.3 %
Economic value added (EVA)-33.46-84.58- 132.31- 146.47- 159.23
Solvency
Equity ratio78.6 %85.9 %89.5 %94.8 %91.2 %
Gearing8.7 %4.7 %0.8 %1.0 %0.9 %
Relative net indebtedness %
Liquidity
Quick ratio3.76.18.517.310.4
Current ratio3.86.18.517.310.4
Cash and cash equivalents1 056.581 971.333 019.403 003.053 732.71
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:21.9%
Rating: 77/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.2%
Rating: 72/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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