JT Randers A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About JT Randers A/S
JT Randers A/S (CVR number: 17871188) is a company from RANDERS. The company recorded a gross profit of 12.1 mDKK in 2024. The operating profit was -1333.1 kDKK, while net earnings were -1206.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.4 %, which can be considered poor and Return on Equity (ROE) was -5.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 45.6 %, 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. JT Randers A/S's liquidity measured by quick ratio was 1.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 16 372.45 | 22 247.44 | 19 754.42 | 55 418.81 | 12 061.63 |
| EBIT | - 439.11 | 2 648.21 | 69.50 | 33 221.42 | -1 333.09 |
| Net earnings | - 985.50 | 2 408.30 | - 804.55 | 26 551.81 | -1 206.57 |
| Shareholders equity total | 10 151.49 | 12 559.79 | 11 755.24 | 35 800.73 | 9 594.16 |
| Balance sheet total (assets) | 28 521.03 | 30 757.63 | 36 237.21 | 68 052.56 | 21 028.56 |
| Net debt | 2 065.47 | 5 934.57 | 11 198.06 | 13 172.76 | -1 937.79 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -1.6 % | 8.9 % | 0.2 % | 63.7 % | -2.4 % |
| ROE | -9.3 % | 21.2 % | -6.6 % | 111.7 % | -5.3 % |
| ROI | -2.6 % | 13.8 % | 0.3 % | 88.4 % | -3.2 % |
| Economic value added (EVA) | -1 367.34 | 2 063.64 | - 901.53 | 26 557.44 | -3 599.81 |
| Solvency | |||||
| Equity ratio | 36.1 % | 41.7 % | 32.5 % | 52.7 % | 45.6 % |
| Gearing | 50.9 % | 52.0 % | 102.9 % | 37.0 % | 45.8 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.5 | 0.3 | 0.3 | 2.1 | 1.9 |
| Current ratio | 1.2 | 1.4 | 1.2 | 2.3 | 1.9 |
| Cash and cash equivalents | 3 097.64 | 598.21 | 897.73 | 65.97 | 6 327.30 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | A | BBB | BBB | BBB |
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