T.C.T. Holding 2017 ApS — Credit Rating and Financial Key Figures

CVR number: 38874020
Stevnsvej 17, Sennels 7700 Thisted

Company information

Official name
T.C.T. Holding 2017 ApS
Established
2017
Domicile
Sennels
Company form
Private limited company
Industry

About T.C.T. Holding 2017 ApS

T.C.T. Holding 2017 ApS (CVR number: 38874020) is a company from THISTED. The company reported a net sales of 2.7 mDKK in 2023, demonstrating a growth of 29.3 % compared to the previous year. The operating profit percentage was at 99.6 % (EBIT: 2.7 mDKK), while net earnings were 2749.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8 %, which can be considered decent but Return on Equity (ROE) was 8.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 94.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. T.C.T. Holding 2017 ApS's liquidity measured by quick ratio was 2.1 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales3 366.421 170.461 350.602 109.722 727.83
Gross profit3 357.801 161.211 341.472 100.352 717.20
EBIT3 357.801 161.211 341.472 100.352 717.20
Net earnings3 357.591 163.331 363.072 126.922 749.72
Shareholders equity total29 419.5329 260.6930 249.5232 262.0434 893.96
Balance sheet total (assets)31 531.3531 372.0232 378.7934 561.9336 813.27
Net debt2 097.052 100.232 123.022 293.641 913.06
Profitability
EBIT-%99.7 %99.2 %99.3 %99.6 %99.6 %
ROA11.4 %4.0 %4.5 %6.6 %8.0 %
ROE11.8 %4.0 %4.6 %6.8 %8.2 %
ROI11.4 %4.0 %4.5 %6.6 %8.0 %
Economic value added (EVA)1 930.03- 420.48- 237.86468.84974.71
Solvency
Equity ratio93.3 %93.3 %93.4 %93.3 %94.8 %
Gearing7.1 %7.2 %7.0 %7.1 %5.5 %
Relative net indebtedness %62.7 %180.4 %157.7 %109.0 %70.4 %
Liquidity
Quick ratio1.01.01.51.42.1
Current ratio1.01.01.51.42.1
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-0.7 %-2.7 %72.7 %41.9 %80.2 %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:7.98%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.8%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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