Credit rating
Company information
About Tecotek ApS
Tecotek ApS (CVR number: 37836966) is a company from ALBERTSLUND. The company recorded a gross profit of 3171 kDKK in 2023. The operating profit was -1023.3 kDKK, while net earnings were -836.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -26.6 %, which can be considered poor and Return on Equity (ROE) was -42 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 44.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Tecotek ApS's liquidity measured by quick ratio was 1.8 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 | 3 851.76 | 1 971.78 | 4 884.27 | 5 009.22 | 3 171.01 |
EBIT | - 577.11 | -2 387.80 | 936.91 | 621.33 | -1 023.26 |
Net earnings | - 483.77 | -1 905.18 | 689.79 | 429.87 | - 836.12 |
Shareholders equity total | 4 193.12 | 1 287.94 | 1 977.73 | 2 407.60 | 1 571.48 |
Balance sheet total (assets) | 5 648.17 | 4 470.60 | 4 048.41 | 4 156.15 | 3 527.23 |
Net debt | -1 417.54 | -1 514.02 | -1 495.02 | -1 364.60 | - 650.79 |
Profitability | |||||
EBIT-% | |||||
ROA | -7.8 % | -47.2 % | 22.0 % | 15.1 % | -26.6 % |
ROE | -10.9 % | -69.5 % | 42.2 % | 19.6 % | -42.0 % |
ROI | -9.6 % | -69.2 % | 37.3 % | 20.0 % | -34.8 % |
Economic value added (EVA) | - 516.28 | -1 873.14 | 896.30 | 496.28 | - 804.52 |
Solvency | |||||
Equity ratio | 74.2 % | 28.8 % | 48.9 % | 57.9 % | 44.6 % |
Gearing | 9.3 % | 67.2 % | 45.2 % | 38.9 % | 62.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.0 | 1.4 | 1.9 | 2.3 | 1.8 |
Current ratio | 4.0 | 1.4 | 1.9 | 2.3 | 1.8 |
Cash and cash equivalents | 1 806.49 | 2 379.36 | 2 388.77 | 2 300.22 | 1 624.46 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BBB | BB |
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