TECHEDGE ApS — Credit Rating and Financial Key Figures

CVR number: 25573730
Dampfærgevej 3, 2100 København Ø
tel: 35314080

Credit rating

Company information

Official name
TECHEDGE ApS
Personnel
30 persons
Established
2000
Company form
Private limited company
Industry

About TECHEDGE ApS

TECHEDGE ApS (CVR number: 25573730) is a company from KØBENHAVN. The company recorded a gross profit of 60.4 mDKK in 2023. The operating profit was 32.2 mDKK, while net earnings were 148.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 27.9 %, which can be considered excellent and Return on Equity (ROE) was 29.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 88.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TECHEDGE 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 profit82 576.0088 051.0058 553.0067 929.0060 379.00
EBIT58 468.0059 950.0035 415.0041 098.0032 189.00
Net earnings91 810.0095 091.00112 118.00120 066.00148 491.00
Shareholders equity total268 552.00362 689.00305 475.00425 754.00574 281.00
Balance sheet total (assets)285 016.00383 103.00349 879.00486 520.00649 000.00
Net debt31 193.0046 142.00
Profitability
EBIT-%
ROA21.2 %17.9 %9.7 %31.3 %27.9 %
ROE35.1 %30.1 %33.6 %32.8 %29.7 %
ROI21.7 %17.9 %9.7 %31.9 %28.5 %
Economic value added (EVA)58 270.7646 455.2617 189.8816 780.2529 461.45
Solvency
Equity ratio100.0 %100.0 %100.0 %87.5 %88.5 %
Gearing10.9 %11.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.72.9
Current ratio2.72.9
Cash and cash equivalents15 276.0017 632.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAAAAA

Variable visualization

ROA:27.9%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:88.5%
Rating: 68/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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