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Tech Group Nordic ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Tech Group Nordic ApS
Tech Group Nordic ApS (CVR number: 34214409K) is a company from BRØNDBY. The company recorded a gross profit of 108.4 mDKK in 2024. The operating profit was 11.1 mDKK, while net earnings were 7689.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.7 %, which can be considered good but Return on Equity (ROE) was 24.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.8 %, 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 75 199.48 | 76 447.34 | 85 486.91 | 92 258.20 | 108 440.92 |
| EBIT | 75 199.48 | 76 447.34 | 85 486.91 | 17 159.23 | 11 098.30 |
| Net earnings | 14 404.66 | 10 467.66 | 9 854.41 | 12 910.70 | 7 689.53 |
| Shareholders equity total | 40 585.60 | 44 603.25 | 45 374.16 | 34 987.86 | 36 932.40 |
| Balance sheet total (assets) | 98 812.48 | 134 935.80 | 128 572.69 | 106 598.74 | 125 202.87 |
| Net debt | 8 308.41 | 13 113.04 | |||
| Profitability | |||||
| EBIT-% | |||||
| ROA | 89.4 % | 65.4 % | 64.9 % | 14.7 % | 9.7 % |
| ROE | 40.3 % | 24.6 % | 21.9 % | 34.2 % | 24.2 % |
| ROI | 112.7 % | 65.4 % | 64.9 % | 19.9 % | 23.0 % |
| Economic value added (EVA) | 73 550.53 | 74 407.92 | 83 245.59 | 11 039.40 | 5 981.27 |
| Solvency | |||||
| Equity ratio | 100.0 % | 100.0 % | 100.0 % | 33.2 % | 29.8 % |
| Gearing | 28.3 % | 40.3 % | |||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.9 | 0.9 | |||
| Current ratio | 1.5 | 1.4 | |||
| Cash and cash equivalents | 1 579.29 | 1 753.10 | |||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | A | A | BBB | BBB |
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