TTK-Coating ApS

TTK-Coating ApS (CVR number: 40346139) is a company from HJØRRING. The company recorded a gross profit of 1363.5 kDKK in 2023. The operating profit was 154 kDKK, while net earnings were 113.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 34.5 %, which can be considered excellent and Return on Equity (ROE) was 86.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 32.4 %, 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. TTK-Coating ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.