TT Høyer Entreprise ApS — Credit Rating and Financial Key Figures

TT Høyer Entreprise ApS (CVR number: 42609943) is a company from HOLBÆK. The company recorded a gross profit of 1129.5 kDKK in 2023. The operating profit was 28.9 kDKK, while net earnings were 18.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.2 %, which can be considered decent but Return on Equity (ROE) was 12.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 34.6 %, 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. TT Høyer Entreprise ApS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.