T&T Huse ApS

CVR number: 38943375
Skårupvej 16, Hanning 6900 Skjern

Credit rating

Company information

Official name
T&T Huse ApS
Established
2017
Domicile
Hanning
Company form
Private limited company
Industry
  • Expand more icon68Real estate activities

About the company

T&T Huse ApS (CVR number: 38943375) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 276.4 kDKK in 2023. The operating profit was 276.4 kDKK, while net earnings were 122.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.7 %, which can be considered good but Return on Equity (ROE) was 51.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 10.2 %, 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. T&T Huse ApS's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit97.3022.72270.49279.72276.44
EBIT97.3022.72270.49279.72276.44
Net earnings47.02- 134.25138.46128.15122.51
Shareholders equity total43.21-91.0447.42175.56298.07
Balance sheet total (assets)749.873 336.093 442.813 450.992 915.76
Net debt340.782 839.732 849.863 122.112 404.28
Profitability
EBIT-%
ROA10.4 %1.4 %7.9 %8.2 %8.7 %
ROE8.1 %-7.9 %8.2 %114.9 %51.7 %
ROI14.4 %1.8 %9.2 %9.1 %9.1 %
Economic value added (EVA)94.6620.55117.5188.7387.87
Solvency
Equity ratio5.8 %-2.7 %1.4 %12.3 %10.2 %
Gearing788.7 %-3224.5 %6043.9 %1778.3 %829.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.30.10.10.8
Current ratio1.65.90.10.10.8
Cash and cash equivalents95.8416.0368.59
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:8.68%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:10.2%
Rating: 10/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

Companies in the same industry

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