T J A/S — Credit Rating and Financial Key Figures

CVR number: 23205114
Mindegade 7, 7400 Herning
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Credit rating

Company information

Official name
T J A/S
Established
1978
Company form
Limited company
Industry

About T J A/S

T J A/S (CVR number: 23205114) is a company from HERNING. The company recorded a gross profit of -34.3 kDKK in 2023. The operating profit was -34.3 kDKK, while net earnings were 310.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.2 %, which can be considered good but Return on Equity (ROE) was 37.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 20 %, 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. T J A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit-54.32-58.79-44.20-84.59-34.30
EBIT-54.32-58.79-44.20-84.59-34.30
Net earnings482.361 156.64- 170.63-68.51310.51
Shareholders equity total8 664.116 820.766 650.13671.59982.10
Balance sheet total (assets)8 802.367 211.496 741.845 466.814 905.33
Net debt-8 663.13-7 001.12-5 961.09- 562.17- 956.20
Profitability
EBIT-%
ROA7.1 %18.5 %0.4 %0.3 %9.2 %
ROE5.6 %14.9 %-2.5 %-1.9 %37.6 %
ROI7.2 %19.1 %0.4 %0.3 %9.2 %
Economic value added (EVA)-39.03-45.20-22.45-97.14207.88
Solvency
Equity ratio98.4 %94.6 %98.6 %12.3 %20.0 %
Gearing0.2 %0.9 %1.1 %711.6 %397.8 %
Relative net indebtedness %
Liquidity
Quick ratio63.718.573.51.11.3
Current ratio63.718.573.51.11.3
Cash and cash equivalents8 677.227 060.006 036.315 340.864 862.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAABBBBBB

Variable visualization

ROA:9.18%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:20.0%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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