Tecotek ApS — Credit Rating and Financial Key Figures

CVR number: 37836966
Smedeland 36, Smedeland 2600 Glostrup

Credit rating

Company information

Official name
Tecotek ApS
Personnel
9 persons
Established
2016
Domicile
Smedeland
Company form
Private limited company
Industry
  • Expand more icon25Manufacture of fabricated metal products, except machinery and equipment

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit3 851.761 971.784 884.275 009.223 171.01
EBIT- 577.11-2 387.80936.91621.33-1 023.26
Net earnings- 483.77-1 905.18689.79429.87- 836.12
Shareholders equity total4 193.121 287.941 977.732 407.601 571.48
Balance sheet total (assets)5 648.174 470.604 048.414 156.153 527.23
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)- 516.28-1 873.14896.30496.28- 804.52
Solvency
Equity ratio74.2 %28.8 %48.9 %57.9 %44.6 %
Gearing9.3 %67.2 %45.2 %38.9 %62.0 %
Relative net indebtedness %
Liquidity
Quick ratio4.01.41.92.31.8
Current ratio4.01.41.92.31.8
Cash and cash equivalents1 806.492 379.362 388.772 300.221 624.46
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAABBB

Variable visualization

ROA:-26.6%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:44.6%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

Companies in the same industry

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