JT HOLDING SVENDBORG ApS — Credit Rating and Financial Key Figures

CVR number: 13590389
Kragekærvej 2, Tåsinge 5700 Svendborg

Credit rating

Company information

Official name
JT HOLDING SVENDBORG ApS
Established
1989
Domicile
Tåsinge
Company form
Private limited company
Industry

About JT HOLDING SVENDBORG ApS

JT HOLDING SVENDBORG ApS (CVR number: 13590389) is a company from SVENDBORG. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a growth of 5123.1 % compared to the previous year. The operating profit percentage was at 98.1 % (EBIT: 0.1 mDKK), while net earnings were 80.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent and Return on Equity (ROE) was 6.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 68.2 %, 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. JT HOLDING SVENDBORG ApS's liquidity measured by quick ratio was 0 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales70.01107.44110.541.7390.36
Gross profit68.25106.69109.090.7888.62
EBIT68.25106.69109.090.7888.62
Net earnings36.49103.19108.18-5.1280.52
Shareholders equity total1 015.271 118.451 226.631 221.511 302.13
Balance sheet total (assets)1 704.561 808.971 918.381 914.511 910.44
Net debt688.20689.84691.03693.03605.88
Profitability
EBIT-%97.5 %99.3 %98.7 %45.2 %98.1 %
ROA3.3 %5.9 %5.9 %-0.2 %4.3 %
ROE3.7 %9.7 %9.2 %-0.4 %6.4 %
ROI3.3 %5.9 %5.9 %-0.2 %4.3 %
Economic value added (EVA)48.8778.0280.77-28.4760.99
Solvency
Equity ratio59.6 %61.8 %63.9 %63.8 %68.2 %
Gearing67.9 %61.7 %56.4 %56.7 %46.5 %
Relative net indebtedness %983.0 %642.0 %625.1 %40059.3 %673.2 %
Liquidity
Quick ratio67 472.0-26 527.00.0
Current ratio67 472.0-26 527.00.0
Cash and cash equivalents1.090.680.73-0.020.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %96.7 %62.8 %35.5 %1533.4 %-2.6 %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:4.33%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.2%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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