JTL Invest & Development ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About JTL Invest & Development ApS
JTL Invest & Development ApS (CVR number: 41889403) is a company from VEJLE. The company recorded a gross profit of 14.1 kDKK in 2023, demonstrating a growth of 58.7 % compared to the previous year. The operating profit was 14.1 kDKK, while net earnings were 11 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.9 %, which can be considered weak and Return on Equity (ROE) was 1.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. JTL Invest & Development ApS's liquidity measured by quick ratio was 15.1 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 financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | 50.00 | 10.00 | |
Gross profit | 46.34 | 8.87 | 14.07 |
EBIT | 46.34 | 8.87 | 14.07 |
Net earnings | 36.10 | 199.64 | 10.97 |
Shareholders equity total | 96.10 | 520.24 | 943.54 |
Balance sheet total (assets) | 106.28 | 522.19 | 946.64 |
Net debt | -6.29 | -4.69 | -31.42 |
Profitability | |||
EBIT-% | 92.7 % | 88.6 % | |
ROA | 43.6 % | 64.2 % | 1.9 % |
ROE | 37.6 % | 64.8 % | 1.5 % |
ROI | 48.2 % | 65.4 % | 1.9 % |
Economic value added (EVA) | 36.14 | 6.78 | 10.57 |
Solvency | |||
Equity ratio | 90.4 % | 99.6 % | 99.7 % |
Gearing | |||
Relative net indebtedness % | 7.8 % | -27.4 % | |
Liquidity | |||
Quick ratio | 5.5 | 7.5 | 15.1 |
Current ratio | 5.5 | 7.5 | 15.1 |
Cash and cash equivalents | 6.29 | 4.69 | 31.42 |
Capital use efficiency | |||
Trade debtors turnover (days) | 365.0 | 365.0 | |
Net working capital % | 92.2 % | 127.4 % | |
Credit risk | |||
Credit rating | BB | BBB | BBB |
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