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 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 4 752.68 | 5 696.93 | 5 576.85 | 4 481.20 | 3 455.10 |
EBIT | - 276.59 | 622.90 | 440.46 | -53.30 | - 755.21 |
Net earnings | - 233.99 | 467.92 | 306.44 | -11.68 | - 750.71 |
Shareholders equity total | 439.05 | 906.97 | 1 213.41 | 1 201.73 | 451.02 |
Balance sheet total (assets) | 3 849.56 | 5 350.05 | 3 454.77 | 2 806.20 | 2 190.04 |
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) | - 266.46 | 458.01 | 266.11 | - 105.44 | - 824.35 |
Solvency | |||||
Equity ratio | 11.4 % | 17.0 % | 35.1 % | 42.8 % | 20.6 % |
Gearing | 1.7 % | 0.8 % | 4.3 % | 12.7 % | 50.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 1.6 | 2.4 | 2.3 | 1.6 |
Current ratio | 1.1 | 1.6 | 2.4 | 2.3 | 1.6 |
Cash and cash equivalents | 2 057.80 | 3 699.07 | 1 522.82 | 1 660.09 | 1 324.70 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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