TTIT EJENDOMME A/S — Credit Rating and Financial Key Figures

CVR number: 19433986
Astrupvej 11, Bjergsted 4450 Jyderup

Company information

Official name
TTIT EJENDOMME A/S
Established
1996
Domicile
Bjergsted
Company form
Limited company
Industry

About TTIT EJENDOMME A/S

TTIT EJENDOMME A/S (CVR number: 19433986) is a company from KALUNDBORG. The company recorded a gross profit of 24.7 mDKK in 2023. The operating profit was 25.7 mDKK, while net earnings were 21.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.9 %, which can be considered good and Return on Equity (ROE) was 10.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 65.5 %, 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. TTIT EJENDOMME A/S's liquidity measured by quick ratio was 2.6 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit11 844.6511 768.0311 599.7012 062.5424 669.33
EBIT8 844.6521 766.3411 586.1640 049.0025 655.79
Net earnings10 007.6216 468.928 530.7937 141.9821 128.91
Shareholders equity total162 568.07138 036.99146 567.78183 709.76204 838.67
Balance sheet total (assets)239 855.38227 397.06234 832.01297 130.17312 595.80
Net debt11 647.0829 070.537 869.2329 189.6023 413.41
Profitability
EBIT-%
ROA6.0 %9.3 %5.0 %15.1 %8.9 %
ROE6.4 %11.0 %6.0 %22.5 %10.9 %
ROI6.3 %9.7 %5.2 %15.7 %9.2 %
Economic value added (EVA)-1 805.198 310.911 301.1130 329.2611 596.48
Solvency
Equity ratio67.8 %60.7 %62.4 %61.8 %65.5 %
Gearing22.5 %33.5 %30.0 %37.0 %31.7 %
Relative net indebtedness %
Liquidity
Quick ratio7.32.62.92.02.6
Current ratio7.32.62.92.02.6
Cash and cash equivalents24 907.6317 144.1336 168.9338 841.7741 621.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:8.88%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.5%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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