TT ELECTRIC ApS — Credit Rating and Financial Key Figures

TT ELECTRIC ApS (CVR number: 35631097) is a company from ALLERØD. The company recorded a gross profit of 1182.3 kDKK in 2023. The operating profit was -484.7 kDKK, while net earnings were -379.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -47.6 %, which can be considered poor and Return on Equity (ROE) was -88.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 31.8 %, 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 ELECTRIC ApS's liquidity measured by quick ratio was 1.2 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.