TECH INNO ApS

CVR number: 27700497
Glenstrup Søvej 23 B, Glenstrup 8990 Fårup
carl@techinno.dk
tel: 87376734

Credit rating

Company information

Official name
TECH INNO ApS
Established
2004
Domicile
Glenstrup
Company form
Private limited company
Industry
  • Expand more icon71Architectural and engineering activities; technical testing and analysis

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20182019202020212022
Volume
Net sales
Gross profit-6.23283.29288.89-5.14590.60
EBIT-6.23251.93120.82- 170.76-34.77
Net earnings15.63392.54207.29- 171.66-3.60
Shareholders equity total495.99780.53877.22592.56474.56
Balance sheet total (assets)801.60957.57998.25630.52681.30
Net debt- 461.71- 757.08- 831.17- 426.89- 319.18
Profitability
EBIT-%
ROA3.9 %48.5 %27.8 %-21.0 %0.3 %
ROE2.9 %61.5 %25.0 %-23.4 %-0.7 %
ROI4.3 %56.0 %32.7 %-23.2 %0.4 %
Economic value added (EVA)2.66237.5792.64- 137.65-43.09
Solvency
Equity ratio61.9 %81.5 %87.9 %94.0 %69.7 %
Gearing49.4 %3.3 %
Relative net indebtedness %
Liquidity
Quick ratio2.55.38.114.53.1
Current ratio2.55.38.114.53.1
Cash and cash equivalents706.79757.08831.17426.89334.97
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:0.31%
Rating: 22/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.7%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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