TT SAFE MED ApS — Credit Rating and Financial Key Figures

CVR number: 16731900
Blytækkervej 10, 8800 Viborg
mail@ttsafemed.dk
tel: 86621443
www.safemed.dk

Company information

Official name
TT SAFE MED ApS
Personnel
2 persons
Established
1993
Company form
Private limited company
Industry

About TT SAFE MED ApS

TT SAFE MED ApS (CVR number: 16731900) is a company from VIBORG. The company recorded a gross profit of 1670.1 kDKK in 2023. The operating profit was 399.5 kDKK, while net earnings were 344.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.7 %, which can be considered good and Return on Equity (ROE) was 12.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 77.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. TT SAFE MED ApS's liquidity measured by quick ratio was 2.3 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 profit1 894.681 342.582 612.471 235.241 670.15
EBIT781.91374.971 416.77110.76399.49
Net earnings633.55323.891 120.65124.35344.17
Shareholders equity total1 244.961 568.862 689.512 593.862 918.03
Balance sheet total (assets)2 042.312 481.573 235.632 678.013 748.41
Net debt-1 263.61- 801.37-1 725.61- 436.61-1 817.22
Profitability
EBIT-%
ROA44.8 %19.0 %50.7 %5.6 %13.7 %
ROE67.9 %23.0 %52.6 %4.7 %12.5 %
ROI74.9 %30.6 %68.0 %6.3 %16.0 %
Economic value added (EVA)577.94292.521 065.9037.60203.20
Solvency
Equity ratio61.0 %63.2 %83.1 %96.9 %77.8 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.81.03.78.12.3
Current ratio2.52.75.831.14.4
Cash and cash equivalents1 263.61801.371 725.61436.611 817.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:13.7%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:77.8%
Rating: 58/100
-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

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.