T&T MONTAGE & DEMONTAGE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About T&T MONTAGE & DEMONTAGE ApS
T&T MONTAGE & DEMONTAGE ApS (CVR number: 34733333) is a company from DRAGØR. The company recorded a gross profit of 4293.7 kDKK in 2023. The operating profit was -409.3 kDKK, while net earnings were -336.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -40.1 %, which can be considered poor and Return on Equity (ROE) was -90.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -19.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. T&T MONTAGE & DEMONTAGE ApS's liquidity measured by quick ratio was 0.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 4 444.53 | 4 362.35 | 4 771.04 | 4 964.63 | 4 293.68 |
EBIT | 21.78 | 25.39 | 56.31 | 116.31 | - 409.34 |
Net earnings | 16.91 | 15.53 | 39.47 | 60.17 | - 336.39 |
Shareholders equity total | 490.25 | 155.78 | 195.25 | 205.41 | - 130.98 |
Balance sheet total (assets) | 1 002.03 | 1 586.30 | 1 368.18 | 1 370.60 | 539.22 |
Net debt | -63.00 | - 722.84 | - 395.16 | - 471.39 | -78.03 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.0 % | 2.0 % | 3.8 % | 8.5 % | -40.1 % |
ROE | 3.3 % | 4.8 % | 22.5 % | 30.0 % | -90.4 % |
ROI | 4.0 % | 7.6 % | 30.9 % | 58.1 % | -398.6 % |
Economic value added (EVA) | 16.25 | -3.41 | 71.80 | 87.95 | - 311.57 |
Solvency | |||||
Equity ratio | 48.9 % | 9.8 % | 14.3 % | 15.0 % | -19.5 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.9 | 1.1 | 1.1 | 1.1 | 0.6 |
Current ratio | 1.9 | 1.1 | 1.1 | 1.1 | 0.6 |
Cash and cash equivalents | 63.00 | 722.84 | 395.16 | 471.39 | 78.03 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | C |
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