TECH2NET ApS — Credit Rating and Financial Key Figures

CVR number: 26747090
Dronninggårds Alle 22, 2840 Holte

Credit rating

Company information

Official name
TECH2NET ApS
Personnel
1 person
Established
2002
Company form
Private limited company
Industry
  • Expand more icon465000

About TECH2NET ApS

TECH2NET ApS (CVR number: 26747090) is a company from RUDERSDAL. The company recorded a gross profit of 1084.1 kDKK in 2024. The operating profit was 8.1 kDKK, while net earnings were 19.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, which can be considered weak and Return on Equity (ROE) was 1.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 31.4 %, 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. TECH2NET ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit807.383 663.451 433.881 456.751 084.10
EBIT80.282 665.04335.91301.198.13
Net earnings49.342 060.21243.70229.8219.14
Shareholders equity total424.772 371.982 470.681 700.50719.64
Balance sheet total (assets)3 504.554 748.884 604.733 055.702 294.32
Net debt-2 494.95-1 035.52-1 982.34-2 652.00-1 513.23
Profitability
EBIT-%
ROA3.0 %64.6 %7.2 %8.0 %1.1 %
ROE9.4 %147.3 %10.1 %11.0 %1.6 %
ROI15.3 %187.5 %13.8 %14.5 %2.3 %
Economic value added (EVA)102.642 176.91189.10202.7453.15
Solvency
Equity ratio12.1 %49.9 %53.7 %55.7 %31.4 %
Gearing3.8 %0.0 %0.4 %0.0 %11.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.92.12.21.4
Current ratio1.01.92.12.21.4
Cash and cash equivalents2 511.201 035.621 992.702 652.111 595.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:1.09%
Rating: 25/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:31.4%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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