TECH HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TECH HOLDING A/S
TECH HOLDING A/S (CVR number: 19369404) is a company from RUDERSDAL. The company recorded a gross profit of -57.7 kDKK in 2023. The operating profit was -158.5 kDKK, while net earnings were -2062.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 33.4 %, which can be considered excellent but Return on Equity (ROE) was -22.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TECH HOLDING A/S's liquidity measured by quick ratio was 122 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -64.00 | - 138.00 | -49.00 | -45.00 | -57.72 |
EBIT | -64.00 | - 138.00 | - 175.00 | - 146.00 | - 158.52 |
Net earnings | 1 194.00 | -1 230.00 | 1 663.00 | - 169.00 | -2 062.63 |
Shareholders equity total | 12 093.00 | 10 807.00 | 12 413.00 | 11 125.00 | 7 576.59 |
Balance sheet total (assets) | 12 898.00 | 11 280.00 | 12 473.00 | 11 320.00 | 7 639.18 |
Net debt | -10 330.00 | -9 136.00 | -9 793.00 | -8 083.00 | -6 998.04 |
Profitability | |||||
EBIT-% | |||||
ROA | 11.7 % | 0.8 % | 14.5 % | 4.1 % | 33.4 % |
ROE | 9.3 % | -10.7 % | 14.3 % | -1.4 % | -22.1 % |
ROI | 12.2 % | 0.8 % | 14.9 % | 4.1 % | -21.9 % |
Economic value added (EVA) | - 407.58 | - 227.38 | - 255.77 | - 277.65 | - 311.87 |
Solvency | |||||
Equity ratio | 93.8 % | 95.8 % | 99.5 % | 98.3 % | 99.2 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 15.9 | 23.6 | 206.1 | 57.5 | 122.0 |
Current ratio | 15.9 | 23.6 | 206.1 | 57.5 | 122.0 |
Cash and cash equivalents | 10 330.00 | 9 136.00 | 9 793.00 | 8 083.00 | 6 998.04 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | A | BBB | BBB |
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