TTM Properties ApS — Credit Rating and Financial Key Figures

CVR number: 42119997
Vanløse Torv 199, 2720 Vanløse

Company information

Official name
TTM Properties ApS
Established
2021
Company form
Private limited company
Industry

About TTM Properties ApS

TTM Properties ApS (CVR number: 42119997) is a company from KØBENHAVN. The company recorded a gross profit of 108.2 kDKK in 2023. The operating profit was 108.2 kDKK, while net earnings were 66.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.3 %, which can be considered decent but Return on Equity (ROE) was 13.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 35.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. TTM Properties ApS's liquidity measured by quick ratio was 7.3 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
2021
2022
2023
Volume
Net sales
Gross profit9.6691.07108.19
EBIT9.6691.07108.19
Net earnings-44.4453.0866.94
Shareholders equity total405.56469.75536.85
Balance sheet total (assets)1 421.691 455.091 513.37
Net debt961.27891.30806.06
Profitability
EBIT-%
ROA0.7 %6.3 %7.3 %
ROE-11.0 %12.1 %13.3 %
ROI0.7 %6.6 %7.6 %
Economic value added (EVA)9.662.8516.00
Solvency
Equity ratio28.5 %32.3 %35.5 %
Gearing239.4 %198.9 %169.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.37.77.3
Current ratio0.37.77.3
Cash and cash equivalents9.6943.09101.37
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBA

Variable visualization

ROA:7.29%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:35.5%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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