J-FLIGHT ApS — Credit Rating and Financial Key Figures

CVR number: 35144498
Cumulusvej 10, 7190 Billund
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Credit rating

Company information

Official name
J-FLIGHT ApS
Established
2013
Company form
Private limited company
Industry

About J-FLIGHT ApS

J-FLIGHT ApS (CVR number: 35144498) is a company from BILLUND. The company recorded a gross profit of -15 kDKK in 2023. The operating profit was -15 kDKK, while net earnings were -27 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.8 %, which can be considered poor and Return on Equity (ROE) was -2.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 90.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. J-FLIGHT ApS's liquidity measured by quick ratio was 8.3 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 profit-7.19-7.19-7.50-7.88-15.05
EBIT-7.19-7.19-7.50-7.88-15.05
Net earnings4.4715.3121.6124.36-27.04
Shareholders equity total1 068.281 083.591 105.201 129.561 102.51
Balance sheet total (assets)1 112.731 181.331 209.041 210.901 221.80
Net debt19.5968.5768.5739.2039.17
Profitability
EBIT-%
ROA0.5 %1.7 %2.3 %2.6 %-2.8 %
ROE0.4 %1.4 %2.0 %2.2 %-2.4 %
ROI0.5 %1.7 %2.3 %2.6 %-2.9 %
Economic value added (EVA)-45.26-46.68-47.05-50.05-60.51
Solvency
Equity ratio96.0 %91.7 %91.4 %93.3 %90.2 %
Gearing1.8 %6.3 %6.2 %3.5 %7.1 %
Relative net indebtedness %
Liquidity
Quick ratio35.612.413.221.28.3
Current ratio35.612.413.221.28.3
Cash and cash equivalents39.23
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:-2.82%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.2%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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