JETAS A/S — Credit Rating and Financial Key Figures

CVR number: 28841906
Syrevej 55 A, 3300 Frederiksværk
jetas@jetas.dk
tel: 70227340
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Company information

Official name
JETAS A/S
Personnel
3 persons
Established
2005
Company form
Limited company
Industry

About JETAS A/S

JETAS A/S (CVR number: 28841906) is a company from HALSNÆS. The company recorded a gross profit of 4682.5 kDKK in 2024. The operating profit was 402.9 kDKK, while net earnings were 135.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak and Return on Equity (ROE) was 3.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 37.1 %, 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. JETAS A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit3 295.593 571.444 041.574 718.844 682.51
EBIT286.24639.48518.87335.06402.88
Net earnings101.21290.53207.0793.26135.42
Shareholders equity total3 533.563 824.094 031.164 124.424 259.84
Balance sheet total (assets)10 404.6911 358.0311 673.9611 901.1611 492.32
Net debt1 827.30813.351 879.402 026.302 149.70
Profitability
EBIT-%
ROA3.2 %5.9 %4.5 %2.9 %3.5 %
ROE2.9 %7.9 %5.3 %2.3 %3.2 %
ROI3.9 %7.4 %5.6 %3.5 %4.2 %
Economic value added (EVA)- 191.6414.08-43.41- 218.16- 185.04
Solvency
Equity ratio34.0 %33.7 %34.5 %34.7 %37.1 %
Gearing133.9 %128.4 %130.3 %134.3 %118.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.70.60.60.5
Current ratio1.51.51.51.61.6
Cash and cash equivalents2 902.944 095.313 373.113 513.292 874.96
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAABBBA

Variable visualization

ROA:3.46%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:37.1%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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