JT Biler ApS — Credit Rating and Financial Key Figures

JT Biler ApS (CVR number: 36484381) is a company from VIBORG. The company recorded a gross profit of 1079.7 kDKK in 2020. The operating profit was 149.9 kDKK, while net earnings were 18 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak but Return on Equity (ROE) was 8.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 2.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. JT Biler ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.