Credit rating
Company information
About TECH-SERVICE ApS
TECH-SERVICE ApS (CVR number: 32644783) is a company from ROSKILDE. The company recorded a gross profit of 383.2 kDKK in 2023. The operating profit was -0.9 kDKK, while net earnings were -158.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered weak but Return on Equity (ROE) was -7.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 37.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. TECH-SERVICE ApS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 831.00 | 1 541.82 | 2 264.28 | - 305.34 | 383.16 |
EBIT | 987.59 | 731.73 | 1 496.92 | - 871.93 | -0.94 |
Net earnings | 726.55 | 484.75 | 1 057.80 | - 812.07 | - 158.87 |
Shareholders equity total | 1 440.29 | 1 925.04 | 2 982.84 | 2 170.77 | 2 011.90 |
Balance sheet total (assets) | 6 237.18 | 5 447.98 | 4 494.46 | 7 716.27 | 5 412.67 |
Net debt | -22.68 | -1 254.46 | 44.94 | -90.09 | - 164.61 |
Profitability | |||||
EBIT-% | |||||
ROA | 22.9 % | 12.7 % | 30.2 % | -14.1 % | 0.0 % |
ROE | 67.5 % | 28.8 % | 43.1 % | -31.5 % | -7.6 % |
ROI | 69.5 % | 37.7 % | 57.3 % | -30.7 % | 0.1 % |
Economic value added (EVA) | 750.99 | 484.92 | 1 125.16 | - 837.77 | -94.23 |
Solvency | |||||
Equity ratio | 23.1 % | 35.6 % | 66.4 % | 28.1 % | 37.2 % |
Gearing | 5.3 % | 1.5 % | 6.2 % | 10.2 % | 4.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.3 | 1.4 | 0.9 | 1.3 | 1.5 |
Current ratio | 1.3 | 1.4 | 2.6 | 1.3 | 1.5 |
Cash and cash equivalents | 98.80 | 1 283.06 | 140.11 | 312.43 | 257.04 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | A | B | BB |
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