Tech Mobility ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Tech Mobility ApS
Tech Mobility ApS (CVR number: 38550101) is a company from RUDERSDAL. The company reported a net sales of 1 mDKK in 2024, demonstrating a decline of -77.2 % compared to the previous year. The operating profit percentage was at 9.9 % (EBIT: 0.1 mDKK), while net earnings were 73.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.1 %, which can be considered decent but Return on Equity (ROE) was 12.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 41.4 %, 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. Tech Mobility ApS's liquidity measured by quick ratio was 1.7 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 5 446.96 | 755.15 | 2 427.04 | 4 266.18 | 974.67 |
Gross profit | 621.01 | -3.95 | 271.06 | 217.30 | 96.14 |
EBIT | 459.70 | -4.61 | 228.75 | 50.59 | 96.14 |
Net earnings | 343.41 | -15.62 | 170.92 | 37.74 | 73.54 |
Shareholders equity total | 352.92 | 337.30 | 508.23 | 545.97 | 619.51 |
Balance sheet total (assets) | 1 189.76 | 337.43 | 5 533.73 | 2 283.74 | 1 498.14 |
Net debt | - 962.99 | -49.03 | - 992.87 | -1 510.76 | - 849.20 |
Profitability | |||||
EBIT-% | 8.4 % | -0.6 % | 9.4 % | 1.2 % | 9.9 % |
ROA | 47.1 % | -0.6 % | 7.8 % | 1.3 % | 5.1 % |
ROE | 189.5 % | -4.5 % | 40.4 % | 7.2 % | 12.6 % |
ROI | 253.7 % | -1.3 % | 54.1 % | 9.6 % | 16.5 % |
Economic value added (EVA) | 353.40 | -21.18 | 161.48 | 13.92 | 47.56 |
Solvency | |||||
Equity ratio | 29.7 % | 100.0 % | 29.1 % | 25.9 % | 41.4 % |
Gearing | |||||
Relative net indebtedness % | -2.3 % | -6.5 % | 166.2 % | 5.3 % | 3.0 % |
Liquidity | |||||
Quick ratio | 1.4 | 2 656.9 | 4.1 | 1.5 | 1.7 |
Current ratio | 1.4 | 2 656.9 | 1.1 | 1.3 | 1.7 |
Cash and cash equivalents | 962.99 | 49.03 | 992.87 | 1 510.76 | 849.20 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 5.2 | 102.4 | 575.4 | 27.4 | 213.0 |
Net working capital % | 6.5 % | 44.7 % | 20.9 % | 12.8 % | 63.6 % |
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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