TJJ HOLDING AF 2002 ApS — Credit Rating and Financial Key Figures

CVR number: 26674042
Østervænget 35, 8381 Tilst

Credit rating

Company information

Official name
TJJ HOLDING AF 2002 ApS
Personnel
1 person
Established
2002
Company form
Private limited company
Industry

About TJJ HOLDING AF 2002 ApS

TJJ HOLDING AF 2002 ApS (CVR number: 26674042) is a company from AARHUS. The company recorded a gross profit of 32.8 kDKK in 2023. The operating profit was 8.8 kDKK, while net earnings were -119.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak but Return on Equity (ROE) was -7.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 34.2 %, 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. TJJ HOLDING AF 2002 ApS's liquidity measured by quick ratio was 0.2 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit25.84-35.13-95.79-13.9832.77
EBIT- 317.44584.96- 495.64- 463.328.78
Net earnings-2 507.21616.16- 355.81- 635.61- 119.55
Shareholders equity total3 344.963 761.122 405.301 655.301 413.75
Balance sheet total (assets)6 448.065 682.135 165.814 496.164 129.98
Net debt1 842.971 204.902 376.802 735.102 628.33
Profitability
EBIT-%
ROA4.1 %27.8 %-0.1 %-9.4 %0.8 %
ROE-50.4 %17.3 %-11.5 %-31.3 %-7.8 %
ROI4.2 %28.2 %-0.1 %-9.7 %0.8 %
Economic value added (EVA)- 319.39269.12- 671.81- 610.66- 120.92
Solvency
Equity ratio51.9 %66.2 %46.6 %36.8 %34.2 %
Gearing87.4 %47.4 %99.5 %165.3 %185.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.92.80.50.30.2
Current ratio1.92.80.50.30.2
Cash and cash equivalents1 078.97579.3917.311.340.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:0.76%
Rating: 24/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:34.2%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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