TT TAGDÆKNING ApS — Credit Rating and Financial Key Figures

TT TAGDÆKNING ApS (CVR number: 26661692) is a company from HORSENS. The company recorded a gross profit of 233.2 kDKK in 2017. The operating profit was 131.3 kDKK, while net earnings were 136.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 91.6 %, which can be considered excellent and Return on Equity (ROE) was 147.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 74.7 %, 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 TAGDÆKNING ApS's liquidity measured by quick ratio was 4 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.