TTIT A/S — Credit Rating and Financial Key Figures

CVR number: 11988598
Astrupvej 11, Bjergsted 4450 Jyderup
tel: 59276446

Company information

Official name
TTIT A/S
Personnel
3 persons
Established
1988
Domicile
Bjergsted
Company form
Limited company
Industry

About TTIT A/S

TTIT A/S (CVR number: 11988598) is a company from KALUNDBORG. The company recorded a gross profit of 289 kDKK in 2023. The operating profit was -2003.2 kDKK, while net earnings were 28.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.3 %, which can be considered good and Return on Equity (ROE) was 8.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 98.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TTIT A/S's liquidity measured by quick ratio was 17.7 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit- 124.72269.73369.30346.55289.03
EBIT-2 600.76-1 131.02-1 601.69-2 031.74-2 003.20
Net earnings8 400.3138 909.66- 393.0237 511.3528 603.58
Shareholders equity total253 485.32282 394.97282 001.95319 513.31348 116.89
Balance sheet total (assets)288 739.15291 813.85290 766.86327 919.38352 641.29
Net debt31 684.887 993.518 316.897 689.694 146.65
Profitability
EBIT-%
ROA2.8 %13.3 %-0.2 %12.0 %8.3 %
ROE3.4 %14.5 %-0.1 %12.5 %8.6 %
ROI2.8 %13.4 %-0.2 %12.1 %8.3 %
Economic value added (EVA)5 702.057 269.805 119.614 812.351 835.83
Solvency
Equity ratio87.8 %96.8 %97.0 %97.4 %98.7 %
Gearing12.9 %3.2 %3.0 %2.6 %1.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.94.14.210.117.7
Current ratio0.94.14.210.117.7
Cash and cash equivalents943.63972.74135.29511.44140.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:8.29%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.7%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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