TT ELECTRIC ApS — Credit Rating and Financial Key Figures

CVR number: 35631097
Vassingerød Bygade 46, 3540 Lynge
TT@TTelectric.dk
tel: 21515570
Free credit report Annual report

Company information

Official name
TT ELECTRIC ApS
Personnel
3 persons
Established
2014
Company form
Private limited company
Industry

About TT ELECTRIC ApS

TT ELECTRIC ApS (CVR number: 35631097) is a company from ALLERØD. The company recorded a gross profit of 1162.4 kDKK in 2024. The operating profit was -365.3 kDKK, while net earnings were -288.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -53.7 %, which can be considered poor and Return on Equity (ROE) was -72.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -7.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. TT ELECTRIC ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit1 573.361 526.332 309.431 243.831 162.40
EBIT23.39-67.23721.16- 484.73- 365.32
Net earnings0.15-79.48568.99- 379.76- 288.12
Shareholders equity total130.1950.71619.70239.94-48.19
Balance sheet total (assets)946.89765.081 280.69754.54558.90
Net debt308.15250.06- 165.6597.12389.52
Profitability
EBIT-%
ROA2.6 %-7.8 %70.5 %-47.6 %-53.7 %
ROE0.1 %-87.9 %169.7 %-88.4 %-72.1 %
ROI6.0 %-16.3 %132.5 %-88.5 %-92.3 %
Economic value added (EVA)7.04-90.37561.80- 414.67- 303.38
Solvency
Equity ratio13.7 %6.6 %48.4 %31.8 %-7.9 %
Gearing253.7 %612.7 %17.4 %53.4 %-878.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.11.81.20.7
Current ratio1.51.41.91.40.9
Cash and cash equivalents22.1960.65273.6231.0733.85
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-53.7%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-7.94%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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