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: 26689074) is a company from ODENSE. The company recorded a gross profit of 76.1 kEUR in 2023. The operating profit was 76.1 kEUR, while net earnings were 2813.1 kEUR. The profitability of the company measured by Return on Assets (ROA) was 17 %, 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 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. T-T ELECTRIC ApS's liquidity measured by quick ratio was 52.7 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 financials

Gross profit (kEUR)

EBIT (kEUR)

Profitability

Solidity

Key figures (kEUR)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit64.6541.9970.4270.5376.10
EBIT64.6541.9970.4270.5376.10
Net earnings948.24624.401 415.332 014.922 813.14
Shareholders equity total13 212.8513 337.2514 152.5815 567.5017 780.64
Balance sheet total (assets)13 278.0913 390.9914 184.7715 590.7417 810.81
Net debt-1 512.94-7.31-2.002.764.36
Profitability
EBIT-%
ROA7.6 %4.7 %10.3 %13.6 %17.0 %
ROE7.4 %4.7 %10.3 %13.6 %16.9 %
ROI7.6 %4.7 %10.4 %13.7 %17.0 %
Economic value added (EVA)590.25624.68565.83595.10690.61
Solvency
Equity ratio99.5 %99.6 %99.8 %99.9 %99.8 %
Gearing0.0 %0.0 %0.0 %0.0 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio24.724.842.965.752.7
Current ratio24.724.842.965.752.7
Cash and cash equivalents1 518.4112.787.472.711.12
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:17.0%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.8%
Rating: 97/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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