TECHNICAL ApS — Credit Rating and Financial Key Figures

CVR number: 87351718
Mandalsgade 4, 2100 København Ø

Company information

Official name
TECHNICAL ApS
Established
1979
Company form
Private limited company
Industry

About TECHNICAL ApS

TECHNICAL ApS (CVR number: 87351718) is a company from KØBENHAVN. The company recorded a gross profit of -24.5 kDKK in 2023. The operating profit was -26.6 kDKK, while net earnings were 1366.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18 %, which can be considered excellent and Return on Equity (ROE) was 18.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 78.3 %, 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. TECHNICAL ApS's liquidity measured by quick ratio was 4.1 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-30.72-10.83-13.13-15.70-24.49
EBIT-30.72-12.93-15.23-17.80-26.59
Net earnings856.79411.231 198.28- 229.911 366.75
Shareholders equity total5 228.045 621.066 819.346 589.437 956.17
Balance sheet total (assets)7 267.727 722.489 163.058 607.0510 159.56
Net debt-4 078.92-6 673.57-7 855.53-7 498.19-9 109.95
Profitability
EBIT-%
ROA16.3 %7.3 %18.4 %4.5 %18.0 %
ROE17.9 %7.6 %19.3 %-3.4 %18.8 %
ROI16.3 %8.5 %24.4 %5.9 %23.2 %
Economic value added (EVA)-97.08-66.5641.0145.3924.03
Solvency
Equity ratio71.9 %72.8 %74.4 %76.6 %78.3 %
Gearing38.8 %3.8 %0.0 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio178.73.23.53.74.1
Current ratio178.73.23.53.74.1
Cash and cash equivalents6 108.606 673.578 116.257 500.199 116.95
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:18.0%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.3%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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