TECH HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 19369404
Kikhanebakken 139, Gl Holte 2840 Holte
kh@tech-holding.dk
tel: 40342990

Credit rating

Company information

Official name
TECH HOLDING A/S
Personnel
1 person
Established
1996
Domicile
Gl Holte
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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 earnings1 194.00-1 230.001 663.00- 169.00-2 062.63
Shareholders equity total12 093.0010 807.0012 413.0011 125.007 576.59
Balance sheet total (assets)12 898.0011 280.0012 473.0011 320.007 639.18
Net debt-10 330.00-9 136.00-9 793.00-8 083.00-6 998.04
Profitability
EBIT-%
ROA11.7 %0.8 %14.5 %4.1 %33.4 %
ROE9.3 %-10.7 %14.3 %-1.4 %-22.1 %
ROI12.2 %0.8 %14.9 %4.1 %-21.9 %
Economic value added (EVA)- 407.58- 227.38- 255.77- 277.65- 311.87
Solvency
Equity ratio93.8 %95.8 %99.5 %98.3 %99.2 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio15.923.6206.157.5122.0
Current ratio15.923.6206.157.5122.0
Cash and cash equivalents10 330.009 136.009 793.008 083.006 998.04
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBABBBBBB

Variable visualization

ROA:33.4%
Rating: 85/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.2%
Rating: 87/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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