JYSK CTS A/S
Credit rating
Company information
About JYSK CTS A/S
JYSK CTS A/S (CVR number: 31427002) is a company from KOLDING. The company reported a net sales of 90.3 mDKK in 2023, demonstrating a growth of 54.5 % compared to the previous year. The operating profit percentage was at 6.2 % (EBIT: 5.6 mDKK), while net earnings were 4362 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.4 %, which can be considered excellent and Return on Equity (ROE) was 50.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 44.1 %, 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. JYSK CTS A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 58 431.00 | 90 284.00 | |||
Gross profit | 30 483.68 | 34 511.62 | 37 735.00 | 11 189.00 | 25 892.00 |
EBIT | 7 385.20 | 8 523.51 | 9 829.00 | 3 210.00 | 5 613.00 |
Net earnings | 5 697.94 | 6 545.05 | 7 572.00 | 2 445.00 | 4 362.00 |
Shareholders equity total | 9 549.38 | 10 394.43 | 11 466.00 | 6 411.00 | 10 773.00 |
Balance sheet total (assets) | 19 020.27 | 22 456.07 | 22 856.00 | 21 669.00 | 24 949.00 |
Net debt | - 960.49 | -5 095.54 | -78.00 | 3 535.00 | 35.00 |
Profitability | |||||
EBIT-% | 5.5 % | 6.2 % | |||
ROA | 39.5 % | 41.1 % | 43.4 % | 14.4 % | 24.4 % |
ROE | 57.3 % | 65.6 % | 69.3 % | 27.4 % | 50.8 % |
ROI | 63.6 % | 79.9 % | 80.5 % | 24.7 % | 47.1 % |
Economic value added (EVA) | 5 321.95 | 6 170.64 | 7 373.35 | 1 928.85 | 4 049.87 |
Solvency | |||||
Equity ratio | 50.2 % | 46.3 % | 54.2 % | 31.2 % | 44.1 % |
Gearing | 0.0 % | 58.5 % | 0.3 % | ||
Relative net indebtedness % | 21.5 % | 14.9 % | |||
Liquidity | |||||
Quick ratio | 1.9 | 1.9 | 2.2 | 1.3 | 1.3 |
Current ratio | 2.3 | 2.2 | 2.3 | 1.7 | 1.8 |
Cash and cash equivalents | 963.90 | 5 095.54 | 78.00 | 215.00 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 60.8 | 55.3 | |||
Net working capital % | 14.3 % | 12.0 % | |||
Credit risk | |||||
Credit rating | A | A | BBB | BBB | BBB |
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