TTT Aalborg ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TTT Aalborg ApS
TTT Aalborg ApS (CVR number: 63300810) is a company from AALBORG. The company recorded a gross profit of 937.2 kDKK in 2024. The operating profit was 33.4 kDKK, while net earnings were -8.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, which can be considered weak but Return on Equity (ROE) was -0.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 54.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. TTT Aalborg ApS's liquidity measured by quick ratio was 3.5 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 | 13 728.57 | 15 180.50 | 23 043.40 | 880.88 | 937.19 |
EBIT | 5 721.98 | 5 235.84 | 18 450.35 | - 165.77 | 33.36 |
Net earnings | 4 306.65 | 3 916.88 | 14 825.14 | -45.25 | -8.37 |
Shareholders equity total | 16 503.92 | 17 420.80 | 15 245.94 | 4 200.69 | 4 192.32 |
Balance sheet total (assets) | 35 468.40 | 36 925.47 | 26 572.11 | 13 165.86 | 7 640.32 |
Net debt | - 464.99 | 4 445.04 | - 619.90 | 8 039.43 | 2 962.57 |
Profitability | |||||
EBIT-% | |||||
ROA | 17.7 % | 14.7 % | 60.4 % | 0.5 % | 1.1 % |
ROE | 26.3 % | 23.1 % | 90.8 % | -0.5 % | -0.2 % |
ROI | 25.9 % | 21.3 % | 85.3 % | 0.7 % | 1.2 % |
Economic value added (EVA) | 3 615.47 | 3 406.62 | 13 453.36 | - 841.02 | - 330.80 |
Solvency | |||||
Equity ratio | 46.5 % | 47.2 % | 57.4 % | 31.9 % | 54.9 % |
Gearing | 39.3 % | 42.9 % | 22.5 % | 191.4 % | 72.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.5 | 1.3 | 7.3 | 1.2 | 3.5 |
Current ratio | 1.5 | 1.3 | 7.3 | 1.2 | 3.5 |
Cash and cash equivalents | 6 947.67 | 3 031.27 | 4 045.26 | 1.98 | 95.24 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | BBB | A |
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