JOTECH A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About JOTECH A/S
JOTECH A/S (CVR number: 33504039) is a company from SLAGELSE. The company recorded a gross profit of 1158.2 kDKK in 2023. The operating profit was -55.3 kDKK, while net earnings were 28.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.3 %, which can be considered weak and Return on Equity (ROE) was 0.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 65.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. JOTECH A/S's liquidity measured by quick ratio was 2.1 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 | 1 965.23 | 1 784.30 | 1 312.41 | 1 433.84 | 1 158.16 |
EBIT | 624.00 | 693.90 | 405.28 | 631.13 | -55.26 |
Net earnings | 682.77 | 828.03 | 271.35 | 385.41 | 28.42 |
Shareholders equity total | 4 613.79 | 4 759.06 | 4 202.37 | 4 316.44 | 3 959.44 |
Balance sheet total (assets) | 5 820.93 | 7 125.18 | 6 105.06 | 5 991.61 | 6 066.67 |
Net debt | -2 380.71 | -3 313.20 | -2 306.26 | -2 246.50 | -1 952.53 |
Profitability | |||||
EBIT-% | |||||
ROA | 16.5 % | 17.3 % | 7.4 % | 12.3 % | 3.3 % |
ROE | 15.3 % | 17.7 % | 6.1 % | 9.0 % | 0.7 % |
ROI | 17.5 % | 19.0 % | 8.1 % | 13.0 % | 3.5 % |
Economic value added (EVA) | 393.66 | 468.55 | 323.01 | 476.81 | -84.97 |
Solvency | |||||
Equity ratio | 79.3 % | 66.8 % | 68.8 % | 72.0 % | 65.3 % |
Gearing | 16.9 % | 32.1 % | 36.8 % | 29.9 % | 44.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.5 | 2.3 | 2.3 | 2.6 | 2.1 |
Current ratio | 3.6 | 2.4 | 2.4 | 2.7 | 2.2 |
Cash and cash equivalents | 3 161.59 | 4 839.65 | 3 852.50 | 3 536.50 | 3 721.01 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | A | A | A | A |
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