TT ESTATE I/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 200.07 | 198.59 | 36.41 | -42.72 | -61.64 |
EBIT | 200.07 | 186.62 | 24.45 | -54.68 | -73.60 |
Net earnings | 188.78 | 200.06 | 62.40 | 60.68 | 46.60 |
Shareholders equity total | 5 892.76 | 6 092.83 | 6 155.23 | 6 215.91 | 6 262.51 |
Balance sheet total (assets) | 6 518.13 | 6 698.69 | 6 739.09 | 6 820.24 | 6 932.31 |
Net debt | -2 021.94 | -2 196.40 | - 840.57 | - 792.88 | - 719.23 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.4 % | 3.4 % | 1.2 % | 1.2 % | 1.0 % |
ROE | 3.3 % | 3.3 % | 1.0 % | 1.0 % | 0.7 % |
ROI | 3.7 % | 3.7 % | 1.2 % | 1.2 % | 1.0 % |
Economic value added (EVA) | - 104.93 | - 109.49 | - 281.72 | - 392.83 | - 415.95 |
Solvency | |||||
Equity ratio | 90.4 % | 91.0 % | 91.3 % | 91.1 % | 90.3 % |
Gearing | 9.3 % | 9.6 % | 10.4 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 7.4 | 7.9 | 8.3 | 8.2 | 7.6 |
Current ratio | 7.4 | 7.9 | 8.3 | 8.2 | 7.6 |
Cash and cash equivalents | 2 021.94 | 2 196.40 | 1 414.72 | 1 390.00 | 1 371.43 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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