TTIT EJENDOMME A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 11 844.65 | 11 768.03 | 11 599.70 | 12 062.54 | 24 669.33 |
EBIT | 8 844.65 | 21 766.34 | 11 586.16 | 40 049.00 | 25 655.79 |
Net earnings | 10 007.62 | 16 468.92 | 8 530.79 | 37 141.98 | 21 128.91 |
Shareholders equity total | 162 568.07 | 138 036.99 | 146 567.78 | 183 709.76 | 204 838.67 |
Balance sheet total (assets) | 239 855.38 | 227 397.06 | 234 832.01 | 297 130.17 | 312 595.80 |
Net debt | 11 647.08 | 29 070.53 | 7 869.23 | 29 189.60 | 23 413.41 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.0 % | 9.3 % | 5.0 % | 15.1 % | 8.9 % |
ROE | 6.4 % | 11.0 % | 6.0 % | 22.5 % | 10.9 % |
ROI | 6.3 % | 9.7 % | 5.2 % | 15.7 % | 9.2 % |
Economic value added (EVA) | -1 805.19 | 8 310.91 | 1 301.11 | 30 329.26 | 11 596.48 |
Solvency | |||||
Equity ratio | 67.8 % | 60.7 % | 62.4 % | 61.8 % | 65.5 % |
Gearing | 22.5 % | 33.5 % | 30.0 % | 37.0 % | 31.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 7.3 | 2.6 | 2.9 | 2.0 | 2.6 |
Current ratio | 7.3 | 2.6 | 2.9 | 2.0 | 2.6 |
Cash and cash equivalents | 24 907.63 | 17 144.13 | 36 168.93 | 38 841.77 | 41 621.65 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | AA | AA | AA |
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