TT Holding 2016 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TT Holding 2016 ApS
TT Holding 2016 ApS (CVR number: 37439207) is a company from HOLBÆK. The company recorded a gross profit of -8.8 kDKK in 2024. The operating profit was -8.8 kDKK, while net earnings were 94.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.3 %, 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 84.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TT Holding 2016 ApS's liquidity measured by quick ratio was 4 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -6.25 | -14.55 | -8.83 | ||
| EBIT | -6.25 | -6.25 | -6.25 | -14.55 | -8.83 |
| Net earnings | 353.91 | 332.31 | 98.76 | 965.87 | 94.53 |
| Shareholders equity total | 368.54 | 700.86 | 799.62 | 1 765.49 | 1 738.02 |
| Balance sheet total (assets) | 369.04 | 701.35 | 800.28 | 2 235.41 | 2 046.00 |
| Net debt | -0.50 | 17.17 | - 359.84 | ||
| Profitability | |||||
| EBIT-% | |||||
| ROA | 177.6 % | 61.8 % | 13.0 % | 63.8 % | 6.3 % |
| ROE | 184.7 % | 62.1 % | 13.2 % | 75.3 % | 5.4 % |
| ROI | 177.6 % | 61.8 % | 13.0 % | 75.0 % | 7.6 % |
| Economic value added (EVA) | -6.28 | -23.42 | -40.12 | -58.01 | -99.49 |
| Solvency | |||||
| Equity ratio | 99.9 % | 99.9 % | 99.9 % | 79.0 % | 84.9 % |
| Gearing | 0.1 % | 0.1 % | 1.0 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 47.9 | 38.1 | 21.5 | 0.6 | 4.0 |
| Current ratio | 47.9 | 38.1 | 21.5 | 0.6 | 4.0 |
| Cash and cash equivalents | 0.50 | 0.50 | 0.50 | 0.50 | 359.84 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BBB | BBB | BBB | BBB |
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