TTH2021 ApS — Credit Rating and Financial Key Figures

TTH2021 ApS (CVR number: 42794287) is a company from JAMMERBUGT. The company recorded a gross profit of 2609.2 kDKK in 2023. The operating profit was 929.5 kDKK, while net earnings were 652.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.8 %, which can be considered excellent and Return on Equity (ROE) was 93.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. TTH2021 ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.