T-T ELECTRIC ApS — Credit Rating and Financial Key Figures

T-T ELECTRIC ApS (CVR number: 26689074K) is a company from ODENSE. The company recorded a gross profit of 8519 kEUR in 2023. The operating profit was 3820.6 kEUR, while net earnings were 2813.1 kEUR. The profitability of the company measured by Return on Assets (ROA) was 16.8 %, which can be considered excellent and Return on Equity (ROE) was 16.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.1 %, 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. T-T ELECTRIC ApS's liquidity measured by quick ratio was 2.7 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.