WORLD JET TRADING ApS — Credit Rating and Financial Key Figures

CVR number: 64726218
Frederiksgade 1, 1265 København K
tel: 33133122

Credit rating

Company information

Official name
WORLD JET TRADING ApS
Personnel
4 persons
Established
1959
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About WORLD JET TRADING ApS

WORLD JET TRADING ApS (CVR number: 64726218) is a company from KØBENHAVN. The company recorded a gross profit of 1116.4 kDKK in 2023. The operating profit was 127.3 kDKK, while net earnings were 91.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.7 %, which can be considered weak and Return on Equity (ROE) was 0.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 57.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. WORLD JET TRADING ApS's liquidity measured by quick ratio was 2.2 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 profit2 585.48692.92590.141 102.511 116.40
EBIT1 986.5250.9953.15158.35127.29
Net earnings1 683.3225.6521.30129.9791.49
Shareholders equity total10 847.5410 873.2010 894.5011 024.4711 115.96
Balance sheet total (assets)17 337.7217 653.5317 795.5018 851.9319 371.00
Net debt3 447.754 359.153 103.723 501.863 594.96
Profitability
EBIT-%
ROA12.1 %0.3 %0.3 %1.0 %0.7 %
ROE16.8 %0.2 %0.2 %1.2 %0.8 %
ROI14.0 %0.3 %0.4 %1.2 %0.8 %
Economic value added (EVA)1 331.06- 466.25- 488.47- 348.51- 385.39
Solvency
Equity ratio62.6 %61.6 %61.2 %58.5 %57.4 %
Gearing39.0 %41.0 %38.8 %38.3 %37.8 %
Relative net indebtedness %
Liquidity
Quick ratio2.22.12.42.32.2
Current ratio2.52.42.42.32.2
Cash and cash equivalents777.5994.621 122.05723.91604.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:0.67%
Rating: 23/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.4%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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