TEKNOVATION ApS — Credit Rating and Financial Key Figures

CVR number: 28680392
Sydvestvej 110, 2600 Glostrup
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Credit rating

Company information

Official name
TEKNOVATION ApS
Personnel
10 persons
Established
2005
Company form
Private limited company
Industry

About TEKNOVATION ApS

TEKNOVATION ApS (CVR number: 28680392) is a company from GLOSTRUP. The company recorded a gross profit of 3455.1 kDKK in 2024. The operating profit was -755.2 kDKK, while net earnings were -750.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -30 %, which can be considered poor and Return on Equity (ROE) was -90.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 20.6 %, 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. TEKNOVATION ApS's liquidity measured by quick ratio was 1.6 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit4 752.685 696.935 576.854 481.203 455.10
EBIT- 276.59622.90440.46-53.30- 755.21
Net earnings- 233.99467.92306.44-11.68- 750.71
Shareholders equity total439.05906.971 213.411 201.73451.02
Balance sheet total (assets)3 849.565 350.053 454.772 806.202 190.04
Net debt-2 050.43-3 691.70-1 470.11-1 506.89-1 096.20
Profitability
EBIT-%
ROA-7.9 %13.6 %10.1 %-1.6 %-30.0 %
ROE-42.1 %69.5 %28.9 %-1.0 %-90.8 %
ROI-16.4 %35.3 %23.0 %-3.6 %-72.3 %
Economic value added (EVA)- 266.46458.01266.11- 105.44- 824.35
Solvency
Equity ratio11.4 %17.0 %35.1 %42.8 %20.6 %
Gearing1.7 %0.8 %4.3 %12.7 %50.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.62.42.31.6
Current ratio1.11.62.42.31.6
Cash and cash equivalents2 057.803 699.071 522.821 660.091 324.70
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-30.0%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:20.6%
Rating: 20/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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