JTT CONVEYING A/S — Credit Rating and Financial Key Figures

CVR number: 58510211
Industriparken 20, 7182 Bredsten
tel: 75881511

Credit rating

Company information

Official name
JTT CONVEYING A/S
Personnel
42 persons
Established
1976
Company form
Limited company
Industry
  • Expand more icon282200Manufacture of lifting and handling equipment

About JTT CONVEYING A/S

JTT CONVEYING A/S (CVR number: 58510211) is a company from VEJLE. The company recorded a gross profit of 26.4 mDKK in 2024. The operating profit was 7828.2 kDKK, while net earnings were 5984.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21 %, which can be considered excellent and Return on Equity (ROE) was 29.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 59 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. JTT CONVEYING A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit21 508.3522 607.2120 306.3525 829.3026 411.99
EBIT5 637.016 339.093 621.738 201.227 828.22
Net earnings4 186.344 748.542 582.096 212.145 984.12
Shareholders equity total10 277.6111 226.1513 808.2420 020.3820 004.50
Balance sheet total (assets)25 795.3533 728.0331 406.2740 905.2835 139.26
Net debt4 224.7514 897.759 185.07-1 485.314 196.42
Profitability
EBIT-%
ROA23.0 %21.4 %11.1 %22.7 %21.0 %
ROE51.1 %44.2 %20.6 %36.7 %29.9 %
ROI30.7 %28.1 %14.3 %30.0 %27.0 %
Economic value added (EVA)4 355.414 618.282 238.625 719.425 656.96
Solvency
Equity ratio39.8 %33.3 %45.5 %50.2 %59.0 %
Gearing80.8 %132.9 %73.1 %52.3 %42.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.70.41.10.9
Current ratio1.61.51.71.92.2
Cash and cash equivalents4 075.2518.76904.5111 955.844 315.59
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:21.0%
Rating: 75/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.0%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board
Board member

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