AB&CO - TEKNIK ApS — Credit Rating and Financial Key Figures

CVR number: 29177996
Baldersbuen 57, 2640 Hedehusene

Credit rating

Company information

Official name
AB&CO - TEKNIK ApS
Established
2005
Company form
Private limited company
Industry
  • Expand more icon28Manufacture of machinery and equipment n.e.c.

About AB&CO - TEKNIK ApS

AB&CO - TEKNIK ApS (CVR number: 29177996) is a company from Høje-Taastrup. The company recorded a gross profit of 106.5 kDKK in 2023. The operating profit was 95.2 kDKK, while net earnings were 4666.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 51.2 %, which can be considered excellent and Return on Equity (ROE) was 65.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 69.4 %, 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. AB&CO - TEKNIK ApS's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit63.0067.0071.0075.00106.49
EBIT53.0057.0061.0065.0095.18
Net earnings41.0044.0047.001 118.004 666.90
Shareholders equity total175.00219.00266.005 345.008 912.23
Balance sheet total (assets)321.00402.00466.005 547.0012 835.57
Net debt-65.0085.00- 113.0076.00- 358.71
Profitability
EBIT-%
ROA14.2 %15.8 %14.1 %37.7 %51.2 %
ROE17.9 %22.3 %19.4 %39.9 %65.5 %
ROI15.3 %17.7 %15.9 %38.4 %51.4 %
Economic value added (EVA)39.7344.4838.2449.50114.95
Solvency
Equity ratio54.5 %54.5 %57.1 %96.4 %69.4 %
Gearing59.4 %52.1 %49.6 %2.5 %43.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.72.12.41.1
Current ratio1.41.72.12.41.1
Cash and cash equivalents169.0029.00245.0056.004 241.46
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:51.2%
Rating: 95/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.4%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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