TT-HYDRAULICS ApS

TT-HYDRAULICS ApS (CVR number: 35229620) is a company from AALBORG. The company reported a net sales of 0.4 mDKK in 2020, demonstrating a growth of 58.6 % compared to the previous year. The operating profit percentage was at 99.5 % (EBIT: 0.4 mDKK), while net earnings were 304.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 94 %, which can be considered excellent and Return on Equity (ROE) was 361.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 15.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. TT-HYDRAULICS ApS's liquidity measured by quick ratio was 1.2 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.