Tech-innovation ApS — Credit Rating and Financial Key Figures

Tech-innovation ApS (CVR number: 40208364) is a company from HVIDOVRE. The company recorded a gross profit of -17.3 kDKK in 2023. The operating profit was -17.3 kDKK, while net earnings were -13.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -59.1 %, which can be considered poor and Return on Equity (ROE) was -104.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 29.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Tech-innovation ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.