T.T.S. INVEST ApS — Credit Rating and Financial Key Figures

CVR number: 31472482
Odensevej 35-37, 5591 Gelsted

Company information

Official name
T.T.S. INVEST ApS
Established
2008
Company form
Private limited company
Industry

About T.T.S. INVEST ApS

T.T.S. INVEST ApS (CVR number: 31472482) is a company from MIDDELFART. The company recorded a gross profit of -32.8 kDKK in 2023. The operating profit was -32.8 kDKK, while net earnings were 41.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.9 %, which can be considered decent but Return on Equity (ROE) was 0.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 82.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. T.T.S. INVEST ApS's liquidity measured by quick ratio was 2.4 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-47.87-80.39- 231.25-46.32-32.75
EBIT-47.87-80.39- 231.25-46.32-32.75
Net earnings-22.992 226.56833.361 230.0441.70
Shareholders equity total19 330.7321 501.9922 278.8523 451.6921 493.39
Balance sheet total (assets)19 353.6621 591.7622 282.3425 201.7826 035.46
Net debt-6 880.31-9 885.68-9 734.23-4 858.53-1 497.55
Profitability
EBIT-%
ROA5.0 %12.0 %4.2 %8.2 %5.9 %
ROE-0.1 %10.9 %3.8 %5.4 %0.2 %
ROI5.0 %12.0 %4.2 %8.2 %5.9 %
Economic value added (EVA)- 153.26- 107.61- 169.82- 109.63- 312.53
Solvency
Equity ratio99.9 %99.6 %100.0 %93.1 %82.6 %
Gearing7.4 %21.0 %
Relative net indebtedness %
Liquidity
Quick ratio332.7112.42 794.95.12.4
Current ratio332.7112.42 809.35.12.4
Cash and cash equivalents6 880.319 885.689 734.236 600.726 015.90
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:5.86%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:82.6%
Rating: 62/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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