TT VELVÆRE ApS — Credit Rating and Financial Key Figures

TT VELVÆRE ApS (CVR number: 34482055) is a company from ODENSE. The company recorded a gross profit of 45.1 kDKK in 2017. The operating profit was 45.1 kDKK, while net earnings were 44.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20 %, which can be considered excellent and Return on Equity (ROE) was 21.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 96.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TT VELVÆRE ApS's liquidity measured by quick ratio was 26.2 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.