JTI DENMARK A/S
Credit rating
Company information
About JTI DENMARK A/S
JTI DENMARK A/S (CVR number: 28519958) is a company from VALLENSBÆK. The company reported a net sales of 1114 mDKK in 2023, demonstrating a growth of 5.7 % compared to the previous year. The operating profit percentage was at 0.1 % (EBIT: 1.5 mDKK), while net earnings were 2711.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak and Return on Equity (ROE) was 0.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 67.7 %, 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. JTI DENMARK A/S's liquidity measured by quick ratio was 1.7 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 717.71 | 990.97 | 1 402.95 | 1 054.06 | 1 113.97 |
Gross profit | 24.65 | 28.55 | 32.86 | 22.17 | 22.52 |
EBIT | 1.97 | 2.23 | 2.24 | 2.43 | 1.51 |
Net earnings | 1.60 | 2.05 | 1.07 | 1.10 | 2.71 |
Shareholders equity total | 89.07 | 91.13 | 92.20 | 343.30 | 346.01 |
Balance sheet total (assets) | 381.98 | 573.45 | 755.90 | 468.14 | 510.85 |
Net debt | 392.38 | 12.66 | 21.84 | ||
Profitability | |||||
EBIT-% | 0.3 % | 0.2 % | 0.2 % | 0.2 % | 0.1 % |
ROA | 0.7 % | 0.5 % | 0.4 % | 0.4 % | 0.8 % |
ROE | 1.8 % | 2.3 % | 1.2 % | 0.5 % | 0.8 % |
ROI | 0.7 % | 0.5 % | 0.5 % | 0.6 % | 1.1 % |
Economic value added (EVA) | -2.43 | -2.25 | -2.34 | -2.20 | -15.75 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 12.2 % | 73.3 % | 67.7 % |
Gearing | 425.6 % | 3.7 % | 6.3 % | ||
Relative net indebtedness % | 47.1 % | 11.8 % | 14.8 % | ||
Liquidity | |||||
Quick ratio | 0.6 | 1.3 | 1.7 | ||
Current ratio | 1.1 | 3.7 | 3.1 | ||
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 94.6 | 56.8 | 43.4 | ||
Net working capital % | 6.4 % | 32.2 % | 30.7 % | ||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BBB | BBB |
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