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

TT SYSTEM A/S (CVR number: 29606749) is a company from SKANDERBORG. The company recorded a gross profit of 19.2 mDKK in 2023. The operating profit was 7386.6 kDKK, while net earnings were 5836.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 40.4 %, which can be considered excellent and Return on Equity (ROE) was 56.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 57.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. TT SYSTEM A/S's liquidity measured by quick ratio was 2.3 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.