TT REAL ESTATE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TT REAL ESTATE ApS
TT REAL ESTATE ApS (CVR number: 32650341) is a company from RANDERS. The company recorded a gross profit of -9.6 kDKK in 2023. The operating profit was -9.6 kDKK, while net earnings were -10.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.9 %, which can be considered poor and Return on Equity (ROE) was -8.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 73.9 %, 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 REAL ESTATE ApS's liquidity measured by quick ratio was 3.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 119.31 | 118.94 | 458.23 | 19.28 | -9.63 |
EBIT | 119.31 | 118.94 | 458.23 | 19.28 | -9.63 |
Net earnings | 81.85 | 84.17 | 363.29 | 2.92 | -10.29 |
Shareholders equity total | 398.14 | 402.30 | 515.59 | 128.51 | 118.22 |
Balance sheet total (assets) | 1 361.81 | 1 367.43 | 1 710.79 | 231.63 | 159.98 |
Net debt | 635.28 | 556.73 | 515.87 | - 228.19 | - 142.51 |
Profitability | |||||
EBIT-% | |||||
ROA | 8.8 % | 8.8 % | 29.8 % | 2.0 % | -4.9 % |
ROE | 21.0 % | 21.0 % | 79.2 % | 0.9 % | -8.3 % |
ROI | 11.0 % | 11.7 % | 44.3 % | 3.2 % | -7.8 % |
Economic value added (EVA) | 41.59 | 44.05 | 340.75 | -4.83 | -4.62 |
Solvency | |||||
Equity ratio | 29.2 % | 29.4 % | 30.1 % | 55.5 % | 73.9 % |
Gearing | 167.5 % | 149.4 % | 107.0 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.1 | 1.5 | 2.2 | 3.8 |
Current ratio | 0.1 | 0.1 | 1.5 | 2.2 | 3.8 |
Cash and cash equivalents | 31.59 | 44.20 | 35.79 | 228.19 | 142.51 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BB | C |
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