TT ESTATE I/S — Credit Rating and Financial Key Figures

CVR number: 31766281
Ørstedsvej 8, 8660 Skanderborg
tel: 51511063
Free credit report Annual report

Credit rating

Company information

Official name
TT ESTATE I/S
Established
2008
Company form
General partnership
Industry

About TT ESTATE I/S

TT ESTATE I/S (CVR number: 31766281) is a company from SKANDERBORG. The company recorded a gross profit of -61.6 kDKK in 2024. The operating profit was -73.6 kDKK, while net earnings were 46.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1 %, which can be considered weak and Return on Equity (ROE) was 0.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 90.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TT ESTATE I/S's liquidity measured by quick ratio was 7.6 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit200.07198.5936.41-42.72-61.64
EBIT200.07186.6224.45-54.68-73.60
Net earnings188.78200.0662.4060.6846.60
Shareholders equity total5 892.766 092.836 155.236 215.916 262.51
Balance sheet total (assets)6 518.136 698.696 739.096 820.246 932.31
Net debt-2 021.94-2 196.40- 840.57- 792.88- 719.23
Profitability
EBIT-%
ROA3.4 %3.4 %1.2 %1.2 %1.0 %
ROE3.3 %3.3 %1.0 %1.0 %0.7 %
ROI3.7 %3.7 %1.2 %1.2 %1.0 %
Economic value added (EVA)- 104.93- 109.49- 281.72- 392.83- 415.95
Solvency
Equity ratio90.4 %91.0 %91.3 %91.1 %90.3 %
Gearing9.3 %9.6 %10.4 %
Relative net indebtedness %
Liquidity
Quick ratio7.47.98.38.27.6
Current ratio7.47.98.38.27.6
Cash and cash equivalents2 021.942 196.401 414.721 390.001 371.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:1.04%
Rating: 25/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.3%
Rating: 71/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

Companies in the same industry

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