TT01092020 A/S — Credit Rating and Financial Key Figures

TT01092020 A/S (CVR number: 17737848) is a company from HERNING. The company recorded a gross profit of 194.2 kDKK in 2020. The operating profit was -312.4 kDKK, while net earnings were -470.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14.4 %, which can be considered poor and Return on Equity (ROE) was -31.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 68.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. TT01092020 A/S's liquidity measured by quick ratio was 3.2 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.