JO Transport IVS — Credit Rating and Financial Key Figures

JO Transport IVS (CVR number: 37692980) is a company from RANDERS. The company recorded a gross profit of 11 kDKK in 2018. The operating profit was -7 kDKK, while net earnings were -6.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.2 %, which can be considered poor and Return on Equity (ROE) was -18.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 39.2 %, 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. JO Transport IVS's liquidity measured by quick ratio was 1.6 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.