TEKNOVATION ApS — Credit Rating and Financial Key Figures

CVR number: 28680392
Sydvestvej 110, 2600 Glostrup

Credit rating

Company information

Official name
TEKNOVATION ApS
Personnel
11 persons
Established
2005
Company form
Private limited company
Industry
  • Expand more icon58Publishing activities

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit4 821.114 752.685 696.935 576.854 481.20
EBIT- 120.33- 276.59622.90440.46-53.30
Net earnings- 109.95- 233.99467.92306.44-11.68
Shareholders equity total673.04439.05906.971 213.411 201.73
Balance sheet total (assets)3 090.743 849.565 350.053 454.772 806.20
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- 217.51561.78455.40-22.29
Solvency
Equity ratio21.8 %11.4 %17.0 %35.1 %42.8 %
Gearing1.1 %1.7 %0.8 %4.3 %12.7 %
Relative net indebtedness %
Liquidity
Quick ratio2.51.11.62.42.9
Current ratio2.51.11.62.42.9
Cash and cash equivalents957.102 057.803 699.071 522.821 660.09
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:-1.57%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.8%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

Companies in the same industry

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