TECH CONSULTING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TECH CONSULTING ApS
TECH CONSULTING ApS (CVR number: 31626994) is a company from KØBENHAVN. The company recorded a gross profit of -24.5 kDKK in 2023. The operating profit was -24.5 kDKK, while net earnings were -61.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5 %, which can be considered poor and Return on Equity (ROE) was -16.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 77 %, 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 CONSULTING ApS's liquidity measured by quick ratio was 4.3 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 | -16.62 | -22.91 | -20.23 | -20.07 | -24.53 |
EBIT | -16.62 | -22.91 | -20.23 | -20.07 | -24.53 |
Net earnings | 0.95 | -15.14 | 20.77 | -57.70 | -61.10 |
Shareholders equity total | 456.86 | 441.72 | 462.49 | 404.79 | 343.69 |
Balance sheet total (assets) | 658.75 | 591.13 | 566.99 | 507.47 | 446.37 |
Net debt | - 438.81 | - 420.75 | - 446.39 | - 385.60 | - 349.76 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.3 % | -2.2 % | 4.0 % | -3.7 % | -5.0 % |
ROE | 0.2 % | -3.4 % | 4.6 % | -13.3 % | -16.3 % |
ROI | 0.3 % | -2.2 % | 4.0 % | -3.8 % | -5.1 % |
Economic value added (EVA) | -5.56 | -14.08 | -14.18 | -16.03 | -20.73 |
Solvency | |||||
Equity ratio | 69.4 % | 74.7 % | 81.6 % | 79.8 % | 77.0 % |
Gearing | 42.4 % | 32.0 % | 20.9 % | 23.4 % | 27.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.3 | 4.0 | 5.4 | 4.9 | 4.3 |
Current ratio | 3.3 | 4.0 | 5.4 | 4.9 | 4.3 |
Cash and cash equivalents | 632.71 | 562.15 | 542.89 | 480.28 | 444.44 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | B | B |
Variable visualization
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