Tech Group Nordic ApS — Credit Rating and Financial Key Figures

Tech Group Nordic ApS (CVR number: 34214409K) is a company from BRØNDBY. The company recorded a gross profit of 92.3 mDKK in 2023. The operating profit was 17.2 mDKK, while net earnings were 12.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 14.7 %, which can be considered good but Return on Equity (ROE) was 36.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33.2 %, 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. Tech Group Nordic ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.