TT Skårup Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TT Skårup Holding ApS
TT Skårup Holding ApS (CVR number: 38905279) is a company from RINGKØBING-SKJERN. The company reported a net sales of 0 mDKK in 2024. The operating profit percentage was at 90.7 % (EBIT: 0 mDKK), while net earnings were 70.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 30.3 %, which can be considered excellent and Return on Equity (ROE) was 111.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 37.4 %, 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. TT Skårup Holding ApS's liquidity measured by quick ratio was 1.4 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 40.50 | ||||
| Gross profit | -4.00 | -4.00 | -4.00 | -3.00 | 36.75 |
| EBIT | -4.00 | -4.00 | -4.00 | -3.00 | 36.75 |
| Net earnings | -4.00 | -4.00 | -4.00 | -1.00 | 70.42 |
| Shareholders equity total | 36.00 | 32.00 | 29.00 | 28.00 | 98.01 |
| Balance sheet total (assets) | 150.00 | 150.00 | 150.00 | 225.00 | 262.17 |
| Net debt | 111.00 | 115.00 | 118.00 | -6.00 | -79.00 |
| Profitability | |||||
| EBIT-% | 90.7 % | ||||
| ROA | -2.7 % | -2.7 % | -2.7 % | -0.5 % | 30.3 % |
| ROE | -10.5 % | -11.8 % | -13.1 % | -3.5 % | 111.8 % |
| ROI | -2.7 % | -2.7 % | -2.7 % | -0.5 % | 30.9 % |
| Economic value added (EVA) | -11.39 | -11.39 | -11.39 | -10.39 | 24.10 |
| Solvency | |||||
| Equity ratio | 24.0 % | 21.3 % | 19.3 % | 12.4 % | 37.4 % |
| Gearing | 308.3 % | 359.4 % | 406.9 % | 692.9 % | 161.4 % |
| Relative net indebtedness % | -180.3 % | ||||
| Liquidity | |||||
| Quick ratio | 1.0 | 1.4 | |||
| Current ratio | 1.0 | 1.4 | |||
| Cash and cash equivalents | 200.00 | 237.17 | |||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | -404.6 % | ||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BB | BB |
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