T.T. HOLDING, VORBASSE A/S — Credit Rating and Financial Key Figures

CVR number: 28985304
Fromssejervej 20, 6623 Vorbasse

Company information

Official name
T.T. HOLDING, VORBASSE A/S
Established
2005
Company form
Limited company
Industry

About T.T. HOLDING, VORBASSE A/S

T.T. HOLDING, VORBASSE A/S (CVR number: 28985304) is a company from BILLUND. The company recorded a gross profit of -24.4 kDKK in 2024. The operating profit was -24.4 kDKK, while net earnings were 2920.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.4 %, which can be considered excellent and Return on Equity (ROE) was 15.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 89.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. T.T. HOLDING, VORBASSE A/S's liquidity measured by quick ratio was 5.6 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-10.88-11.10-10.88-12.25-24.38
EBIT-10.88-11.10-10.88-12.25-24.38
Net earnings1 527.321 927.812 173.322 095.052 920.20
Shareholders equity total11 337.5913 152.3915 211.3117 188.5619 986.76
Balance sheet total (assets)11 437.2313 373.9517 068.6417 701.3222 240.79
Net debt-3 216.87-3 663.75-3 970.78-7 927.40-10 285.59
Profitability
EBIT-%
ROA14.5 %16.1 %16.8 %12.7 %15.4 %
ROE14.4 %15.7 %15.3 %12.9 %15.7 %
ROI14.6 %16.1 %16.8 %12.9 %15.8 %
Economic value added (EVA)65.01129.95220.84371.05241.41
Solvency
Equity ratio99.1 %98.3 %89.1 %97.1 %89.9 %
Gearing1.6 %12.1 %0.8 %8.4 %
Relative net indebtedness %
Liquidity
Quick ratio37.820.23.616.75.6
Current ratio37.820.23.616.75.6
Cash and cash equivalents3 216.873 874.315 817.118 063.8111 970.94
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:15.4%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:89.9%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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