TECHNICAL ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 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 earnings | 856.79 | 411.23 | 1 198.28 | - 229.91 | 1 366.75 |
Shareholders equity total | 5 228.04 | 5 621.06 | 6 819.34 | 6 589.43 | 7 956.17 |
Balance sheet total (assets) | 7 267.72 | 7 722.48 | 9 163.05 | 8 607.05 | 10 159.56 |
Net debt | -4 078.92 | -6 673.57 | -7 855.53 | -7 498.19 | -9 109.95 |
Profitability | |||||
EBIT-% | |||||
ROA | 16.3 % | 7.3 % | 18.4 % | 4.5 % | 18.0 % |
ROE | 17.9 % | 7.6 % | 19.3 % | -3.4 % | 18.8 % |
ROI | 16.3 % | 8.5 % | 24.4 % | 5.9 % | 23.2 % |
Economic value added (EVA) | -97.08 | -66.56 | 41.01 | 45.39 | 24.03 |
Solvency | |||||
Equity ratio | 71.9 % | 72.8 % | 74.4 % | 76.6 % | 78.3 % |
Gearing | 38.8 % | 3.8 % | 0.0 % | 0.1 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 178.7 | 3.2 | 3.5 | 3.7 | 4.1 |
Current ratio | 178.7 | 3.2 | 3.5 | 3.7 | 4.1 |
Cash and cash equivalents | 6 108.60 | 6 673.57 | 8 116.25 | 7 500.19 | 9 116.95 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | AA | A | AA |
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