TECH INNO ApS
Credit rating
Company information
About TECH INNO ApS
TECH INNO ApS (CVR number: 27700497) is a company from MARIAGERFJORD. The company recorded a gross profit of 590.6 kDKK in 2022. The operating profit was -34.8 kDKK, while net earnings were -3.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.3 %, which can be considered weak but Return on Equity (ROE) was -0.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 69.7 %, 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. TECH INNO ApS's liquidity measured by quick ratio was 3.1 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 financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -6.23 | 283.29 | 288.89 | -5.14 | 590.60 |
EBIT | -6.23 | 251.93 | 120.82 | - 170.76 | -34.77 |
Net earnings | 15.63 | 392.54 | 207.29 | - 171.66 | -3.60 |
Shareholders equity total | 495.99 | 780.53 | 877.22 | 592.56 | 474.56 |
Balance sheet total (assets) | 801.60 | 957.57 | 998.25 | 630.52 | 681.30 |
Net debt | - 461.71 | - 757.08 | - 831.17 | - 426.89 | - 319.18 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.9 % | 48.5 % | 27.8 % | -21.0 % | 0.3 % |
ROE | 2.9 % | 61.5 % | 25.0 % | -23.4 % | -0.7 % |
ROI | 4.3 % | 56.0 % | 32.7 % | -23.2 % | 0.4 % |
Economic value added (EVA) | 2.66 | 237.57 | 92.64 | - 137.65 | -43.09 |
Solvency | |||||
Equity ratio | 61.9 % | 81.5 % | 87.9 % | 94.0 % | 69.7 % |
Gearing | 49.4 % | 3.3 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.5 | 5.3 | 8.1 | 14.5 | 3.1 |
Current ratio | 2.5 | 5.3 | 8.1 | 14.5 | 3.1 |
Cash and cash equivalents | 706.79 | 757.08 | 831.17 | 426.89 | 334.97 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BB | BB |
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