TT HOLDING VIDEBÆK ApS — Credit Rating and Financial Key Figures

CVR number: 33083726
Bredgade 75, 6920 Videbæk

Company information

Official name
TT HOLDING VIDEBÆK ApS
Established
2010
Company form
Private limited company
Industry

About TT HOLDING VIDEBÆK ApS

TT HOLDING VIDEBÆK ApS (CVR number: 33083726) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 122.9 kDKK in 2023. The operating profit was -526.7 kDKK, while net earnings were 6459.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent and Return on Equity (ROE) was 5.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 73.9 %, 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 HOLDING VIDEBÆK ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit- 455.29127.35226.96288.94122.85
EBIT- 455.29-6.37- 981.50- 313.67- 526.71
Net earnings5 079.9410 579.0716 459.225 837.536 459.58
Shareholders equity total65 871.39110 223.60120 682.82120 520.35116 979.93
Balance sheet total (assets)68 217.24135 547.97164 710.50159 336.48158 216.11
Net debt1 821.2017 081.0935 032.5233 759.1036 215.81
Profitability
EBIT-%
ROA7.6 %10.7 %11.3 %3.9 %4.6 %
ROE7.8 %12.0 %14.3 %4.8 %5.4 %
ROI7.6 %10.8 %11.4 %3.9 %4.7 %
Economic value added (EVA)1 602.821 912.561 582.502 146.051 637.89
Solvency
Equity ratio96.6 %81.3 %73.3 %75.6 %73.9 %
Gearing3.2 %22.7 %36.0 %31.9 %35.1 %
Relative net indebtedness %
Liquidity
Quick ratio8.80.50.30.20.2
Current ratio8.80.50.30.20.2
Cash and cash equivalents288.557 959.748 460.554 673.894 804.77
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:4.64%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:73.9%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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