TT 1919 ApS — Credit Rating and Financial Key Figures

CVR number: 24239470
Egelund 5, 6200 Aabenraa
post@vokan.dk
tel: 61677277
Free credit report Annual report

Credit rating

Company information

Official name
TT 1919 ApS
Established
1999
Company form
Private limited company
Industry

About TT 1919 ApS

TT 1919 ApS (CVR number: 24239470) is a company from AABENRAA. The company recorded a gross profit of 103.8 kDKK in 2024. The operating profit was 65.9 kDKK, while net earnings were -3595.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.7 %, which can be considered decent but Return on Equity (ROE) was -17.3 %, which can be considered poor. 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 1919 ApS's liquidity measured by quick ratio was 8.5 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.

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 profit318.96765.33369.61238.87103.81
EBIT196.82594.20244.3659.4165.92
Net earnings1 814.80687.957 120.30-1 801.21-3 595.28
Shareholders equity total19 450.6720 025.6224 824.0522 728.3418 828.06
Balance sheet total (assets)25 507.2523 549.9330 089.6027 395.8020 852.91
Net debt-10 297.61-12 611.19-17 102.68-15 148.42-12 221.98
Profitability
EBIT-%
ROA9.3 %5.2 %118.6 %2.7 %5.7 %
ROE10.4 %3.5 %31.8 %-7.6 %-17.3 %
ROI9.7 %5.3 %119.8 %2.7 %5.7 %
Economic value added (EVA)- 826.61- 762.75- 933.67-1 433.35-1 309.24
Solvency
Equity ratio76.3 %85.0 %82.5 %83.0 %90.3 %
Gearing24.5 %17.0 %19.7 %20.4 %10.6 %
Relative net indebtedness %
Liquidity
Quick ratio3.55.84.95.08.5
Current ratio3.55.84.95.08.5
Cash and cash equivalents15 072.6516 012.5021 985.3519 786.3814 222.15
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:5.66%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.3%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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