JITC ApS — Credit Rating and Financial Key Figures

JITC ApS (CVR number: 34695571) is a company from MIDDELFART. The company recorded a gross profit of -72.8 kDKK in 2016. The operating profit was -84 kDKK, while net earnings were -124.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -59.9 %, which can be considered poor and Return on Equity (ROE) was -87.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 69 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. JITC ApS's liquidity measured by quick ratio was 3.2 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.