TECHEDGE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 82 576.00 | 88 051.00 | 58 553.00 | 67 929.00 | 60 379.00 |
EBIT | 58 468.00 | 59 950.00 | 35 415.00 | 41 098.00 | 32 189.00 |
Net earnings | 91 810.00 | 95 091.00 | 112 118.00 | 120 066.00 | 148 491.00 |
Shareholders equity total | 268 552.00 | 362 689.00 | 305 475.00 | 425 754.00 | 574 281.00 |
Balance sheet total (assets) | 285 016.00 | 383 103.00 | 349 879.00 | 486 520.00 | 649 000.00 |
Net debt | 31 193.00 | 46 142.00 | |||
Profitability | |||||
EBIT-% | |||||
ROA | 21.2 % | 17.9 % | 9.7 % | 31.3 % | 27.9 % |
ROE | 35.1 % | 30.1 % | 33.6 % | 32.8 % | 29.7 % |
ROI | 21.7 % | 17.9 % | 9.7 % | 31.9 % | 28.5 % |
Economic value added (EVA) | 58 270.76 | 46 455.26 | 17 189.88 | 16 780.25 | 29 461.45 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 87.5 % | 88.5 % |
Gearing | 10.9 % | 11.1 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.7 | 2.9 | |||
Current ratio | 2.7 | 2.9 | |||
Cash and cash equivalents | 15 276.00 | 17 632.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | AAA | AAA |
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