TECHSOFT A/S — Credit Rating and Financial Key Figures

CVR number: 15183330
Riberdyb 26, 6000 Kolding
techsoft@techsoft.dk
tel: 79330001
www.techsoft.dk

Credit rating

Company information

Official name
TECHSOFT A/S
Personnel
38 persons
Established
1991
Company form
Limited company
Industry

About TECHSOFT A/S

TECHSOFT A/S (CVR number: 15183330) is a company from KOLDING. The company recorded a gross profit of 29.2 mDKK in 2023. The operating profit was 7949.6 kDKK, while net earnings were 6827.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.3 %, which can be considered excellent and Return on Equity (ROE) was 37.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. TECHSOFT A/S's liquidity measured by quick ratio was 2.8 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 profit7 743.0013 193.0010 556.0028 416.0029 151.08
EBIT4 872.008 016.008 236.008 431.007 949.60
Net earnings3 884.006 245.007 126.003 676.006 827.56
Shareholders equity total15 227.007 472.0011 598.0014 750.0021 576.97
Balance sheet total (assets)28 715.0026 575.0033 363.0034 110.0036 841.57
Net debt1 202.00-1 519.00-10 105.00-13 073.00-11 499.14
Profitability
EBIT-%
ROA17.9 %29.2 %30.7 %26.7 %27.3 %
ROE26.3 %55.0 %74.7 %27.9 %37.6 %
ROI28.9 %55.0 %64.7 %47.4 %41.9 %
Economic value added (EVA)3 076.755 474.706 118.856 416.716 123.66
Solvency
Equity ratio53.0 %28.1 %34.8 %43.2 %58.6 %
Gearing7.9 %0.1 %0.1 %17.1 %4.4 %
Relative net indebtedness %
Liquidity
Quick ratio2.41.11.42.22.8
Current ratio2.41.11.42.22.8
Cash and cash equivalents6.001 525.0010 120.0015 598.0012 445.53
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:27.3%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.6%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Chief executive officer

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