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
Free credit report Annual report

Credit rating

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 1226.9 kDKK in 2024. The operating profit was 67.9 kDKK, while net earnings were 69.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.6 %, which can be considered weak and Return on Equity (ROE) was 2.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 94.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TT SAFE MED ApS's liquidity measured by quick ratio was 8.7 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 342.582 612.471 235.241 670.151 226.90
EBIT374.971 416.77110.76399.4967.95
Net earnings323.891 120.65124.35344.1769.05
Shareholders equity total1 568.862 689.512 593.862 918.032 987.08
Balance sheet total (assets)2 481.573 235.632 678.013 748.413 170.26
Net debt- 801.37-1 725.61- 436.61-1 817.22-1 447.20
Profitability
EBIT-%
ROA19.0 %50.7 %5.6 %13.7 %2.6 %
ROE23.0 %52.6 %4.7 %12.5 %2.3 %
ROI30.6 %68.0 %6.3 %16.0 %3.0 %
Economic value added (EVA)229.011 025.60-49.11181.27-94.01
Solvency
Equity ratio63.2 %83.1 %96.9 %77.8 %94.2 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.03.78.12.38.7
Current ratio2.75.831.14.417.0
Cash and cash equivalents801.371 725.61436.611 817.221 447.20
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:2.60%
Rating: 33/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.2%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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