Tuuta K ApS

CVR number: 12204426
Qullilerfik 2, 3900 Nuuk
tuutaknudsen@gmail.com

Credit rating

Company information

Official name
Tuuta K ApS
Established
2004
Company form
Private limited company
Industry
  • Expand more icon56Food and beverage service activities

About the company

Tuuta K ApS (CVR number: 12204426) is a company from SERMERSOOQ. The company recorded a gross profit of 108.1 kDKK in 2021. The operating profit was -298.5 kDKK, while net earnings were -219.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.6 %, which can be considered poor and Return on Equity (ROE) was -6.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 38.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Tuuta K ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018201920202021
Volume
Net sales
Gross profit- 106.10-82.8551.30108.15
EBIT- 249.72- 367.33- 488.63- 298.55
Net earnings- 590.39- 848.07- 359.27- 219.82
Shareholders equity total4 628.263 780.193 420.923 201.10
Balance sheet total (assets)5 284.884 436.814 641.848 397.07
Net debt-1 761.49-4.47561.203 889.33
Profitability
EBIT-%
ROA-4.7 %-7.6 %-10.8 %-4.6 %
ROE-12.8 %-20.2 %-10.0 %-6.6 %
ROI-5.4 %-8.7 %-12.6 %-5.1 %
Economic value added (EVA)- 176.24- 441.43- 548.87- 391.18
Solvency
Equity ratio87.6 %85.2 %73.7 %38.1 %
Gearing16.5 %141.8 %
Relative net indebtedness %
Liquidity
Quick ratio6.63.00.70.3
Current ratio6.63.00.70.3
Cash and cash equivalents1 761.494.473.10650.03
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-4.58%
Rating: 15/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.1%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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