TTMS Nordic A/S — Credit Rating and Financial Key Figures

CVR number: 10138256
Kirkebjerg Allé 84, 2605 Brøndby
tel: 93839710

Credit rating

Company information

Official name
TTMS Nordic A/S
Personnel
16 persons
Established
2003
Company form
Limited company
Industry

About TTMS Nordic A/S

TTMS Nordic A/S (CVR number: 10138256) is a company from BRØNDBY. The company recorded a gross profit of 12.4 mDKK in 2024. The operating profit was 3869.1 kDKK, while net earnings were 2925.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.1 %, which can be considered excellent and Return on Equity (ROE) was 59.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.1 %, 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. TTMS Nordic A/S's liquidity measured by quick ratio was 1.4 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.

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 profit4 610.003 801.004 804.008 082.0012 420.11
EBIT1 524.00924.001 382.003 232.003 869.14
Net earnings1 169.00696.001 070.002 487.002 925.12
Shareholders equity total2 446.001 452.002 000.004 487.005 298.07
Balance sheet total (assets)6 917.006 320.007 662.0019 054.0017 600.53
Net debt-1 868.00- 343.00-1 054.00-3 998.00-2 476.76
Profitability
EBIT-%
ROA22.5 %14.0 %19.8 %24.2 %21.1 %
ROE51.7 %35.7 %62.0 %76.7 %59.8 %
ROI53.3 %45.9 %72.3 %94.8 %79.0 %
Economic value added (EVA)1 151.99703.181 030.482 481.402 977.14
Solvency
Equity ratio35.4 %23.0 %26.1 %23.5 %30.1 %
Gearing14.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.31.31.31.4
Current ratio1.51.31.31.31.4
Cash and cash equivalents1 868.00343.001 346.003 998.002 476.76
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:21.1%
Rating: 76/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.1%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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