TT TANK ApS — Credit Rating and Financial Key Figures

CVR number: 34728615
Bøgebakken 32, 3250 Gilleleje
ttofte@mail.dk
tel: 48476703

Company information

Official name
TT TANK ApS
Established
2012
Company form
Private limited company
Industry

About TT TANK ApS

TT TANK ApS (CVR number: 34728615) is a company from GRIBSKOV. The company recorded a gross profit of -6.1 kDKK in 2023. The operating profit was -6.1 kDKK, while net earnings were 295.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.9 %, which can be considered excellent and Return on Equity (ROE) was 35.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 85.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TT TANK ApS's liquidity measured by quick ratio was 5.9 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit5.005.256.61-5.63-6.11
EBIT-5.00-5.25-6.61-5.63-6.11
Net earnings132.25242.0110.24675.65295.93
Shareholders equity total159.06290.47187.71748.96927.09
Balance sheet total (assets)244.19359.93559.281 086.631 082.03
Net debt-31.03- 287.63- 123.25- 640.03- 729.10
Profitability
EBIT-%
ROA64.2 %81.8 %3.1 %84.4 %27.9 %
ROE90.0 %107.7 %4.3 %144.3 %35.3 %
ROI90.4 %109.9 %4.3 %123.8 %33.1 %
Economic value added (EVA)-11.77-13.24-19.48-23.57-43.74
Solvency
Equity ratio65.1 %80.7 %33.6 %68.9 %85.7 %
Gearing98.8 %16.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.34.51.42.95.9
Current ratio2.34.51.42.95.9
Cash and cash equivalents31.03287.63308.68640.03878.98
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBA

Variable visualization

ROA:27.9%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:85.7%
Rating: 65/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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