TEKNOVATION ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TEKNOVATION ApS
TEKNOVATION ApS (CVR number: 28680392) is a company from GLOSTRUP. The company recorded a gross profit of 4481.2 kDKK in 2023. The operating profit was -53.3 kDKK, while net earnings were -11.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.6 %, which can be considered poor and Return on Equity (ROE) was -1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 42.8 %, 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. TEKNOVATION ApS's liquidity measured by quick ratio was 2.9 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 | 4 821.11 | 4 752.68 | 5 696.93 | 5 576.85 | 4 481.20 |
EBIT | - 120.33 | - 276.59 | 622.90 | 440.46 | -53.30 |
Net earnings | - 109.95 | - 233.99 | 467.92 | 306.44 | -11.68 |
Shareholders equity total | 673.04 | 439.05 | 906.97 | 1 213.41 | 1 201.73 |
Balance sheet total (assets) | 3 090.74 | 3 849.56 | 5 350.05 | 3 454.77 | 2 806.20 |
Net debt | - 949.73 | -2 050.43 | -3 691.70 | -1 470.11 | -1 506.89 |
Profitability | |||||
EBIT-% | |||||
ROA | -3.4 % | -7.9 % | 13.6 % | 10.1 % | -1.6 % |
ROE | -15.1 % | -42.1 % | 69.5 % | 28.9 % | -1.0 % |
ROI | -5.0 % | -16.4 % | 35.3 % | 23.0 % | -3.6 % |
Economic value added (EVA) | -73.69 | - 217.51 | 561.78 | 455.40 | -22.29 |
Solvency | |||||
Equity ratio | 21.8 % | 11.4 % | 17.0 % | 35.1 % | 42.8 % |
Gearing | 1.1 % | 1.7 % | 0.8 % | 4.3 % | 12.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.5 | 1.1 | 1.6 | 2.4 | 2.9 |
Current ratio | 2.5 | 1.1 | 1.6 | 2.4 | 2.9 |
Cash and cash equivalents | 957.10 | 2 057.80 | 3 699.07 | 1 522.82 | 1 660.09 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | BBB |
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