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Analyst: XBRLDenmark
 
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Bankruptcy Risk 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Bankruptcy risk for industry  1.5% 1.5% 1.5% 1.5% 1.5%  
Bankruptcy risk  1.8% 2.5% 1.1% 1.0% 0.9%  
Credit score (0-100)  73 62 83 87 88  
Credit rating  A BBB A A A  
Credit limit (kDKK)  1.7 0.0 165.8 277.4 412.6  

How are these values calculated?
 
View the automatically generated explanation of bankruptcy risk

Income statement (kDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  0 0 0 0 0  
Gross profit  2,473 2,091 3,922 4,674 5,216  
EBITDA  495 424 908 805 943  
EBIT  216 120 524 410 510  
Pre-tax profit (PTP)  164.3 86.8 470.8 376.2 485.5  
Net earnings  116.1 66.9 366.2 287.5 373.2  
Pre-tax profit without non-rec. items  164 86.8 471 376 486  

 
See the entire income statement

Balance sheet (kDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Tangible assets total  2,110 2,074 2,210 2,110 2,063  
Shareholders equity total  2,938 2,894 3,148 3,321 3,576  
Interest-bearing liabilities  1,181 987 790 728 686  
Balance sheet total (assets)  5,698 5,376 6,385 5,437 5,540  

Net Debt  558 7.5 185 -63.1 -479  
 
See the entire balance sheet

Volume 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  0 0 0 0 0  
Net sales growth  0.0% 0.0% 0.0% 0.0% 0.0%  
Gross profit  2,473 2,091 3,922 4,674 5,216  
Gross profit growth  0.0% -15.4% 87.5% 19.2% 11.6%  
Employees  5 5 7 8 10  
Employee growth %  0.0% 0.0% 40.0% 14.3% 25.0%  
Employee expenses  0.0 0.0 0.0 0.0 0.0  
Balance sheet total (assets)  5,698 5,376 6,385 5,437 5,540  
Balance sheet change%  0.0% -5.7% 18.8% -14.8% 1.9%  
Added value  495.4 424.3 908.0 794.1 943.0  
Added value %  0.0% 0.0% 0.0% 0.0% 0.0%  
Investments  3,946 -576 -482 -730 -715  

Net sales trend  0.0 0.0 0.0 0.0 0.0  
EBIT trend  1.0 2.0 3.0 4.0 5.0  

Profitability 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
EBITDA %  0.0% 0.0% 0.0% 0.0% 0.0%  
EBIT %  0.0% 0.0% 0.0% 0.0% 0.0%  
EBIT to gross profit (%)  8.7% 5.7% 13.4% 8.8% 9.8%  
Net Earnings %  0.0% 0.0% 0.0% 0.0% 0.0%  
Profit before depreciation and extraordinary items %  0.0% 0.0% 0.0% 0.0% 0.0%  
Pre tax profit less extraordinaries %  0.0% 0.0% 0.0% 0.0% 0.0%  
ROA %  3.8% 2.2% 8.9% 6.9% 9.3%  
ROI %  4.6% 2.6% 11.9% 9.2% 11.2%  
ROE %  4.0% 2.3% 12.1% 8.9% 10.8%  

Solidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Equity ratio %  51.6% 53.8% 49.3% 61.2% 64.6%  
Relative indebtedness %  0.0% 0.0% 0.0% 0.0% 0.0%  
Relative net indebtedness %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net int. bear. debt to EBITDA, %  112.7% 1.8% 20.4% -7.8% -50.8%  
Gearing %  40.2% 34.1% 25.1% 21.9% 19.2%  
Net interest  0 0 0 0 0  
Financing costs %  8.7% 3.1% 6.0% 4.5% 3.5%  

Liquidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Quick Ratio  1.0 1.1 1.2 1.4 1.8  
Current Ratio  1.2 1.2 1.2 1.9 2.3  
Cash and cash equivalent  623.0 979.1 604.6 791.5 1,164.9  

Capital use efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Trade debtors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Trade creditors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Current assets / Net sales %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net working capital  220.9 243.1 489.6 886.6 1,267.9  
Net working capital %  0.0% 0.0% 0.0% 0.0% 0.0%  

Employee efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Net sales / employee  0 0 0 0 0  
Added value / employee  99 85 130 99 94  
Employee expenses / employee  0 0 0 0 0  
EBITDA / employee  99 85 130 101 94  
EBIT / employee  43 24 75 51 51  
Net earnings / employee  23 13 52 36 37