T J A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 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 earnings | 482.36 | 1 156.64 | - 170.63 | -68.51 | 310.51 |
Shareholders equity total | 8 664.11 | 6 820.76 | 6 650.13 | 671.59 | 982.10 |
Balance sheet total (assets) | 8 802.36 | 7 211.49 | 6 741.84 | 5 466.81 | 4 905.33 |
Net debt | -8 663.13 | -7 001.12 | -5 961.09 | - 562.17 | - 956.20 |
Profitability | |||||
EBIT-% | |||||
ROA | 7.1 % | 18.5 % | 0.4 % | 0.3 % | 9.2 % |
ROE | 5.6 % | 14.9 % | -2.5 % | -1.9 % | 37.6 % |
ROI | 7.2 % | 19.1 % | 0.4 % | 0.3 % | 9.2 % |
Economic value added (EVA) | -39.03 | -45.20 | -22.45 | -97.14 | 207.88 |
Solvency | |||||
Equity ratio | 98.4 % | 94.6 % | 98.6 % | 12.3 % | 20.0 % |
Gearing | 0.2 % | 0.9 % | 1.1 % | 711.6 % | 397.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 63.7 | 18.5 | 73.5 | 1.1 | 1.3 |
Current ratio | 63.7 | 18.5 | 73.5 | 1.1 | 1.3 |
Cash and cash equivalents | 8 677.22 | 7 060.00 | 6 036.31 | 5 340.86 | 4 862.89 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | BBB | BBB |
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