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

CVR number: 26689074
Svendborgvej 83, Hjallese 5260 Odense S
sales@t-telectric.dk
tel: 63130630

Company information

Official name
T-T ELECTRIC ApS
Established
2002
Domicile
Hjallese
Company form
Private limited company
Industry

About T-T ELECTRIC ApS

T-T ELECTRIC ApS (CVR number: 26689074K) is a company from ODENSE. The company recorded a gross profit of 8769.6 kEUR in 2024. The operating profit was 3906.9 kEUR, while net earnings were 2992.6 kEUR. The profitability of the company measured by Return on Assets (ROA) was 16.4 %, which can be considered excellent and Return on Equity (ROE) was 15.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 79 %, 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 3.2 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 (kEUR)

EBIT (kEUR)

Profitability

Solidity

Key figures (kEUR)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit4 412.056 117.676 891.418 518.998 769.60
EBIT882.372 118.862 750.863 820.563 906.89
Net earnings624.401 415.332 014.922 813.142 992.56
Shareholders equity total13 337.2514 152.5815 567.5017 780.6419 773.20
Balance sheet total (assets)17 970.0520 425.1421 825.7423 821.6325 673.73
Net debt-5 915.45-6 141.04-5 887.54-8 326.08-9 190.33
Profitability
EBIT-%
ROA5.1 %11.2 %13.0 %16.8 %16.4 %
ROE4.7 %10.3 %13.6 %16.9 %15.9 %
ROI5.9 %13.9 %16.9 %21.7 %20.2 %
Economic value added (EVA)- 179.54650.931 258.721 980.331 956.34
Solvency
Equity ratio75.3 %70.6 %72.3 %76.1 %79.0 %
Gearing13.7 %10.9 %7.1 %4.9 %7.4 %
Relative net indebtedness %
Liquidity
Quick ratio3.72.42.12.73.2
Current ratio4.43.23.13.53.8
Cash and cash equivalents7 743.307 690.536 989.409 189.6510 656.09
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:16.4%
Rating: 68/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.0%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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