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

CVR number: 20444398
Mågårdsvej 15, 8850 Bjerringbro

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 0 kDKK in 2023. The operating profit was -109 kDKK, while net earnings were 356.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.6 %, which can be considered decent but Return on Equity (ROE) was 3.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 96.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. J.T.B. Ejendomme A/S's liquidity measured by quick ratio was 15.4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit37 282.71
EBIT37 233.59- 605.32- 103.49-29.20- 109.04
Net earnings37 131.13-1 077.921 177.42- 759.06356.86
Shareholders equity total90 035.6219 957.7021 135.1210 376.0610 732.91
Balance sheet total (assets)90 297.4320 274.6521 292.2010 545.6611 164.15
Net debt-87 072.40-19 255.07-20 729.84-9 888.89-4 639.15
Profitability
EBIT-%
ROA51.0 %-0.4 %10.0 %2.7 %5.6 %
ROE52.0 %-2.0 %5.7 %-4.8 %3.4 %
ROI51.1 %-0.4 %10.1 %2.7 %5.8 %
Economic value added (EVA)37 419.33- 670.57- 116.05-43.14- 109.46
Solvency
Equity ratio99.7 %98.4 %99.3 %98.4 %96.1 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio340.464.0183.762.215.4
Current ratio340.464.0183.762.215.4
Cash and cash equivalents87 072.4019 255.0720 729.849 888.894 639.15
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:5.64%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.1%
Rating: 77/100
-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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