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J.T.B. Ejendomme A/S — Credit Rating and Financial Key Figures

CVR number: 20444398
Mågårdsvej 15, 8850 Bjerringbro

Credit rating

Company information

Official name
J.T.B. Ejendomme A/S
Established
1997
Company form
Limited company
Industry

About J.T.B. Ejendomme A/S

J.T.B. Ejendomme A/S (CVR number: 20444398) is a company from VIBORG. The company recorded a gross profit of 745 kDKK in 2024. The operating profit was 605.2 kDKK, while net earnings were 169 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak and Return on Equity (ROE) was 1.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 36.4 %, 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. J.T.B. Ejendomme A/S's liquidity measured by quick ratio was 0.3 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit- 109.03745.05
EBIT- 605.32- 103.49-29.20- 109.03605.21
Net earnings-1 077.921 177.42- 759.06356.86169.05
Shareholders equity total19 957.7021 135.1210 376.0610 732.9110 901.96
Balance sheet total (assets)20 274.6521 292.2010 545.6611 164.1529 953.02
Net debt-19 255.07-20 729.84-9 888.89-4 639.1512 736.83
Profitability
EBIT-%
ROA-0.4 %10.0 %2.7 %5.6 %3.1 %
ROE-2.0 %5.7 %-4.8 %3.4 %1.6 %
ROI-0.4 %10.1 %2.7 %5.8 %3.6 %
Economic value added (EVA)-5 045.96-1 083.62-1 084.82- 606.38-70.12
Solvency
Equity ratio98.4 %99.3 %98.4 %96.1 %36.4 %
Gearing125.0 %
Relative net indebtedness %
Liquidity
Quick ratio64.0183.762.215.40.3
Current ratio64.0183.762.215.40.3
Cash and cash equivalents19 255.0720 729.849 888.894 639.15895.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAABBB

Variable visualization

ROA:3.10%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.4%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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