T & T HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About T & T HOLDING ApS
T & T HOLDING ApS (CVR number: 26237823) is a company from HELSINGØR. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was -8.6 kDKK, while net earnings were 945.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.1 %, which can be considered good but Return on Equity (ROE) was 17.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 77.4 %, 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. T & T HOLDING ApS's liquidity measured by quick ratio was 1.3 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -11.09 | -11.65 | |||
EBIT | -11.09 | -11.65 | -11.47 | -10.07 | -8.57 |
Net earnings | - 297.48 | 475.54 | 635.85 | 528.23 | 945.78 |
Shareholders equity total | 3 620.68 | 4 096.22 | 4 621.47 | 5 036.71 | 5 868.09 |
Balance sheet total (assets) | 3 816.80 | 5 366.68 | 6 466.52 | 6 721.11 | 7 579.21 |
Net debt | - 303.42 | - 534.72 | - 460.36 | - 638.79 | - 562.65 |
Profitability | |||||
EBIT-% | |||||
ROA | -5.8 % | 11.3 % | 12.0 % | 9.3 % | 14.1 % |
ROE | -7.9 % | 12.3 % | 14.6 % | 10.9 % | 17.3 % |
ROI | -5.8 % | 11.5 % | 12.1 % | 9.3 % | 14.5 % |
Economic value added (EVA) | 121.22 | 90.31 | 179.61 | 207.39 | 193.64 |
Solvency | |||||
Equity ratio | 94.9 % | 76.3 % | 71.5 % | 74.9 % | 77.4 % |
Gearing | 5.1 % | 28.4 % | 39.7 % | 31.0 % | 24.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.2 | 1.3 | 1.2 | 1.3 | 1.3 |
Current ratio | 3.2 | 1.3 | 1.2 | 1.3 | 1.3 |
Cash and cash equivalents | 489.04 | 1 697.54 | 2 294.90 | 2 200.00 | 2 009.38 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | BBB | A |
Variable visualization
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