TT ERHVERV ApS — Credit Rating and Financial Key Figures

CVR number: 31892341
Mellemtoft 8, Mejrup 7500 Holstebro
tt@bowlnfun.dk

Company information

Official name
TT ERHVERV ApS
Personnel
1 person
Established
2009
Domicile
Mejrup
Company form
Private limited company
Industry

About TT ERHVERV ApS

TT ERHVERV ApS (CVR number: 31892341) is a company from HOLSTEBRO. The company recorded a gross profit of -369.2 kDKK in 2023. The operating profit was -649.5 kDKK, while net earnings were 1430.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.1 %, which can be considered decent and Return on Equity (ROE) was 4.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 94.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TT ERHVERV ApS's liquidity measured by quick ratio was 8.6 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 profit-70.74-84.72- 160.38-13.81- 369.16
EBIT-70.74- 177.64- 389.47- 313.89- 649.48
Net earnings393.92533.68339.9714 668.901 430.31
Shareholders equity total19 001.1719 424.2419 651.2134 205.7134 936.02
Balance sheet total (assets)21 370.6620 940.8721 175.2435 905.3236 880.38
Net debt1 876.551 013.46-2 686.23-5 187.99-10 166.19
Profitability
EBIT-%
ROA2.5 %2.8 %1.7 %51.8 %5.1 %
ROE2.1 %2.8 %1.7 %54.5 %4.1 %
ROI2.5 %2.9 %1.7 %52.3 %5.1 %
Economic value added (EVA)- 815.17- 712.17- 839.69- 615.00-1 313.43
Solvency
Equity ratio88.9 %92.8 %92.8 %95.3 %94.7 %
Gearing9.9 %5.4 %5.5 %4.5 %4.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.83.36.48.6
Current ratio0.50.83.36.48.6
Cash and cash equivalents40.853 765.486 721.7911 643.26
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:5.06%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.7%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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