Tutu ApS — Credit Rating and Financial Key Figures

Tutu ApS (CVR number: 37500372) is a company from ODENSE. The company recorded a gross profit of 141.3 kDKK in 2019. The operating profit was -119.4 kDKK, while net earnings were -119.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -52.8 %, which can be considered poor and Return on Equity (ROE) was -107 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 28.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Tutu ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.