TT-Trading ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TT-Trading ApS
TT-Trading ApS (CVR number: 27707769) is a company from VEJEN. The company recorded a gross profit of -6.3 kDKK in 2023. The operating profit was -6.3 kDKK, while net earnings were -5.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.1 %, which can be considered poor and Return on Equity (ROE) was -5.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TT-Trading ApS's liquidity measured by quick ratio was 143.4 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 312.31 | -20.39 | -16.90 | 16.97 | -6.25 |
EBIT | 68.81 | -60.39 | -16.90 | 16.97 | -6.25 |
Net earnings | 110.38 | -77.65 | -19.90 | 35.10 | -5.87 |
Shareholders equity total | 166.13 | 88.48 | 68.58 | 103.68 | 97.81 |
Balance sheet total (assets) | 416.78 | 287.94 | 88.95 | 107.26 | 98.29 |
Net debt | - 398.39 | - 287.94 | -52.35 | -70.66 | -63.53 |
Profitability | |||||
EBIT-% | |||||
ROA | 31.2 % | -17.1 % | -9.0 % | 38.4 % | -6.1 % |
ROE | 99.5 % | -61.0 % | -25.3 % | 40.8 % | -5.8 % |
ROI | 115.6 % | -47.4 % | -21.5 % | 43.7 % | -6.2 % |
Economic value added (EVA) | 70.58 | -48.72 | -6.88 | 16.16 | -7.91 |
Solvency | |||||
Equity ratio | 39.9 % | 30.7 % | 77.1 % | 96.7 % | 99.5 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.7 | 1.4 | 3.8 | 21.7 | 143.4 |
Current ratio | 1.7 | 1.4 | 4.4 | 30.0 | 205.2 |
Cash and cash equivalents | 398.39 | 287.94 | 52.35 | 70.66 | 63.53 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | C | B | BB | B |
Variable visualization
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