TECHNICON A/S
Credit rating
Company information
About TECHNICON A/S
TECHNICON A/S (CVR number: 33759894) is a company from MARIAGERFJORD. The company recorded a gross profit of 47.4 mDKK in 2023. The operating profit was -2786.6 kDKK, while net earnings were -2837.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.9 %, which can be considered poor and Return on Equity (ROE) was -24.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 21.1 %, 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. TECHNICON A/S's liquidity measured by quick ratio was 1.1 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 | 19 312.12 | 26 456.19 | 36 646.80 | 44 729.72 | 47 380.30 |
EBIT | 2 197.11 | 4 899.64 | 6 527.18 | 2 557.52 | -2 786.63 |
Net earnings | 1 584.57 | 3 953.05 | 4 785.85 | 1 602.35 | -2 837.72 |
Shareholders equity total | 3 755.49 | 7 708.55 | 11 994.40 | 13 096.75 | 9 759.03 |
Balance sheet total (assets) | 22 808.20 | 38 580.46 | 46 710.25 | 48 571.22 | 46 194.13 |
Net debt | 1 652.70 | -7 288.25 | -43.89 | 6 695.53 | 18 925.88 |
Profitability | |||||
EBIT-% | |||||
ROA | 9.9 % | 16.0 % | 15.3 % | 5.4 % | -5.9 % |
ROE | 53.5 % | 69.0 % | 48.6 % | 12.8 % | -24.8 % |
ROI | 20.6 % | 46.8 % | 41.6 % | 11.5 % | -10.1 % |
Economic value added (EVA) | 2 112.65 | 4 384.77 | 5 455.62 | 2 020.07 | -2 540.25 |
Solvency | |||||
Equity ratio | 16.5 % | 20.0 % | 25.7 % | 27.0 % | 21.1 % |
Gearing | 120.1 % | 1.6 % | 41.5 % | 51.3 % | 194.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 1.0 | 1.2 | 1.1 | 1.1 |
Current ratio | 0.8 | 1.1 | 1.3 | 1.4 | 1.3 |
Cash and cash equivalents | 2 859.44 | 7 409.31 | 5 026.92 | 26.00 | 24.17 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | BBB |
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