TT 1919 ApS — Credit Rating and Financial Key Figures

TT 1919 ApS (CVR number: 24239470) is a company from AABENRAA. The company recorded a gross profit of 238.9 kDKK in 2023. The operating profit was 59.4 kDKK, while net earnings were -1801.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.7 %, which can be considered weak but Return on Equity (ROE) was -7.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 83 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TT 1919 ApS's liquidity measured by quick ratio was 5 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.