JETAS A/S — Credit Rating and Financial Key Figures

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

Company information

Official name
JETAS A/S
Personnel
4 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 4718.8 kDKK in 2023. The operating profit was 335.1 kDKK, while net earnings were 93.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak and Return on Equity (ROE) was 2.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 34.7 %, 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 0.6 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit3 026.123 295.593 571.444 041.574 718.84
EBIT337.95286.24639.48518.87335.06
Net earnings146.11101.21290.53207.0793.26
Shareholders equity total3 432.353 533.563 824.094 031.164 124.42
Balance sheet total (assets)10 056.9710 404.6911 358.0311 673.9611 901.16
Net debt2 715.231 827.30813.351 879.402 026.30
Profitability
EBIT-%
ROA3.2 %3.2 %5.9 %4.5 %2.9 %
ROE3.9 %2.9 %7.9 %5.3 %2.3 %
ROI4.2 %3.9 %7.4 %5.6 %3.5 %
Economic value added (EVA)180.44135.22398.71415.50226.28
Solvency
Equity ratio34.1 %34.0 %33.7 %34.5 %34.7 %
Gearing135.1 %133.9 %128.4 %130.3 %134.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.60.70.60.6
Current ratio1.61.51.51.51.6
Cash and cash equivalents1 920.542 902.944 095.313 373.113 513.29
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:2.85%
Rating: 34/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:34.7%
Rating: 29/100
-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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