T.T. AUTOLEASING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About T.T. AUTOLEASING ApS
T.T. AUTOLEASING ApS (CVR number: 34459304) is a company from HOLBÆK. The company recorded a gross profit of -7.1 kDKK in 2023. The operating profit was -7.1 kDKK, while net earnings were -7.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.4 %, which can be considered poor and Return on Equity (ROE) was -3.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 41.9 %, 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. T.T. AUTOLEASING ApS's liquidity measured by quick ratio was 1.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -6.44 | 27.61 | -30.36 | -15.90 | -7.08 |
EBIT | -29.94 | 14.61 | -8.36 | -15.90 | -7.08 |
Net earnings | -30.17 | 3.26 | -10.16 | -16.45 | -7.06 |
Shareholders equity total | 234.36 | 237.62 | 227.45 | 211.00 | 203.94 |
Balance sheet total (assets) | 566.30 | 546.05 | 494.20 | 492.24 | 487.03 |
Net debt | -64.45 | -68.67 | -29.83 | -23.86 | -3.99 |
Profitability | |||||
EBIT-% | |||||
ROA | -5.0 % | 2.6 % | -1.6 % | -3.2 % | -1.4 % |
ROE | -12.1 % | 1.4 % | -4.4 % | -7.5 % | -3.4 % |
ROI | -11.8 % | 6.2 % | -3.6 % | -7.3 % | -3.4 % |
Economic value added (EVA) | -33.33 | 1.84 | -16.45 | -25.83 | -16.48 |
Solvency | |||||
Equity ratio | 41.4 % | 43.5 % | 46.0 % | 42.9 % | 41.9 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 1.7 | 1.9 | 1.8 | 1.7 |
Current ratio | 1.6 | 1.7 | 1.9 | 1.8 | 1.7 |
Cash and cash equivalents | 64.45 | 68.67 | 29.83 | 23.86 | 3.99 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | C | B | BB |
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