T4T ApS — Credit Rating and Financial Key Figures

CVR number: 37421839
Vadum Alle 34, 2770 Kastrup

Credit rating

Company information

Official name
T4T ApS
Established
2016
Company form
Private limited company
Industry

About T4T ApS

T4T ApS (CVR number: 37421839) is a company from TÅRNBY. The company recorded a gross profit of 45.6 kDKK in 2023. The operating profit was 45.6 kDKK, while net earnings were 36 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.5 %, which can be considered excellent and Return on Equity (ROE) was 23.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 59.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. T4T ApS's liquidity measured by quick ratio was 2.9 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 (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales59.8758.62
Gross profit38.3130.2311.9345.4345.65
EBIT38.3130.2311.9345.4345.65
Net earnings29.6622.468.5734.9936.02
Shareholders equity total67.0089.4798.04133.03169.04
Balance sheet total (assets)131.07143.30181.65232.24285.08
Net debt-69.09-60.97-62.02-79.36- 156.83
Profitability
EBIT-%64.0 %51.6 %
ROA35.8 %22.0 %7.3 %22.0 %17.5 %
ROE56.8 %28.7 %9.1 %30.3 %23.8 %
ROI57.6 %30.4 %9.3 %26.8 %22.0 %
Economic value added (EVA)29.9726.0712.3538.6438.87
Solvency
Equity ratio51.1 %62.4 %52.6 %57.3 %59.3 %
Gearing30.8 %24.3 %51.1 %45.4 %34.3 %
Relative net indebtedness %-42.9 %-49.3 %
Liquidity
Quick ratio2.02.72.22.62.9
Current ratio2.02.72.22.62.9
Cash and cash equivalents89.7282.75112.17139.74214.81
Capital use efficiency
Trade debtors turnover (days)3.515.9
Net working capital %111.9 %152.6 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:17.5%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.3%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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