TECHNOLOGY OUTSOURCING SYSTEMS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TECHNOLOGY OUTSOURCING SYSTEMS A/S
TECHNOLOGY OUTSOURCING SYSTEMS A/S (CVR number: 25733266) is a company from EGEDAL. The company recorded a gross profit of -1.1 kDKK in 2023. The operating profit was -1.1 kDKK, while net earnings were 4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.1 %, which can be considered poor but Return on Equity (ROE) was 0.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 77.8 %, 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. TECHNOLOGY OUTSOURCING SYSTEMS A/S's liquidity measured by quick ratio was 2 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 | -1.00 | -1.00 | -5.22 | -0.80 | -1.10 |
EBIT | -1.00 | -1.00 | -5.22 | -0.80 | -1.10 |
Net earnings | -37.17 | 178.50 | 133.19 | 63.95 | 3.96 |
Shareholders equity total | 764.08 | 942.59 | 1 075.78 | 1 139.72 | 1 143.68 |
Balance sheet total (assets) | 1 110.60 | 1 314.25 | 1 448.12 | 1 512.82 | 1 470.81 |
Net debt | 345.52 | 369.67 | 372.24 | 373.05 | 327.08 |
Profitability | |||||
EBIT-% | |||||
ROA | -3.0 % | -1.3 % | 9.7 % | 4.3 % | -2.1 % |
ROE | -4.7 % | 20.9 % | 13.2 % | 5.8 % | 0.3 % |
ROI | -3.6 % | 15.1 % | 9.7 % | 4.3 % | -2.1 % |
Economic value added (EVA) | -13.00 | -12.97 | -15.14 | -15.15 | -15.42 |
Solvency | |||||
Equity ratio | 68.8 % | 71.7 % | 74.3 % | 75.3 % | 77.8 % |
Gearing | 45.2 % | 39.2 % | 34.6 % | 32.7 % | 28.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.7 | 1.5 | 1.8 | 1.8 | 2.0 |
Current ratio | 1.7 | 1.5 | 1.8 | 1.8 | 2.0 |
Cash and cash equivalents | 0.10 | 0.05 | 0.05 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | BBB |
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