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JAVITEK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About JAVITEK ApS
JAVITEK ApS (CVR number: 12821948) is a company from AARHUS. The company recorded a gross profit of -76.7 kDKK in 2024. The operating profit was -359.8 kDKK, while net earnings were 1774.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.2 %, which can be considered weak and Return on Equity (ROE) was 0.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 71.7 %, 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. JAVITEK ApS's liquidity measured by quick ratio was 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -64.51 | - 138.52 | - 286.71 | 93.85 | -76.70 |
| EBIT | -64.51 | - 138.52 | - 539.26 | - 489.57 | - 359.80 |
| Net earnings | 3 973.69 | 13 891.27 | 16 364.37 | 24 868.92 | 1 774.37 |
| Shareholders equity total | 26 110.08 | 39 989.70 | 312 945.83 | 336 556.76 | 245 534.69 |
| Balance sheet total (assets) | 27 188.50 | 40 940.37 | 320 386.92 | 343 440.99 | 342 373.20 |
| Net debt | -14 612.11 | -30 312.63 | - 259 286.04 | - 287 346.16 | - 198 697.29 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 16.1 % | 51.4 % | 9.8 % | 10.5 % | 3.2 % |
| ROE | 16.2 % | 42.0 % | 9.3 % | 7.7 % | 0.6 % |
| ROI | 16.8 % | 52.9 % | 10.0 % | 10.7 % | 3.2 % |
| Economic value added (EVA) | -1 229.94 | -1 465.46 | -2 521.41 | -16 075.18 | -17 177.03 |
| Solvency | |||||
| Equity ratio | 96.0 % | 97.7 % | 97.7 % | 98.0 % | 71.7 % |
| Gearing | 0.5 % | 0.1 % | 37.4 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 14.3 | 35.8 | 36.1 | 147.7 | 3.0 |
| Current ratio | 14.3 | 35.8 | 36.1 | 147.7 | 3.0 |
| Cash and cash equivalents | 14 734.93 | 30 312.63 | 259 286.04 | 287 537.14 | 290 621.06 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | AA | AA | A | A | A |
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