TT COIL A/S — Credit Rating and Financial Key Figures

CVR number: 76273219
Svanningevej 2, 9220 Aalborg Øst
ttcoil@tt-coil.dk
tel: 98159085

Credit rating

Company information

Official name
TT COIL A/S
Personnel
5 persons
Established
1962
Company form
Limited company
Industry

About TT COIL A/S

TT COIL A/S (CVR number: 76273219) is a company from AALBORG. The company recorded a gross profit of 20.2 mDKK in 2024. The operating profit was 16.1 mDKK, while net earnings were 13 mDKK. The profitability of the company measured by Return on Assets (ROA) was 53.6 %, which can be considered excellent and Return on Equity (ROE) was 71.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. TT COIL A/S's liquidity measured by quick ratio was 3.1 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit11 846.2111 016.9713 991.3116 321.3520 201.12
EBIT7 872.146 916.249 794.5712 313.3416 074.61
Net earnings6 215.895 407.457 620.509 899.2112 981.40
Shareholders equity total13 028.1612 435.6114 056.1216 755.3219 736.72
Balance sheet total (assets)22 486.2119 712.3822 766.9432 066.1130 092.63
Net debt146.94202.8082.76-23.16316.93
Profitability
EBIT-%
ROA46.6 %33.1 %46.2 %46.5 %53.6 %
ROE62.7 %42.5 %57.5 %64.3 %71.1 %
ROI77.3 %52.2 %70.5 %78.5 %86.0 %
Economic value added (EVA)5 705.224 784.796 981.328 863.2911 645.47
Solvency
Equity ratio57.9 %63.1 %61.7 %63.2 %65.6 %
Gearing1.2 %1.6 %0.6 %0.0 %1.7 %
Relative net indebtedness %
Liquidity
Quick ratio2.42.82.43.53.1
Current ratio2.52.92.82.23.2
Cash and cash equivalents13.782.155.4625.0718.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:53.6%
Rating: 96/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.6%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

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