TEKNIDAN A/S — Credit Rating and Financial Key Figures

CVR number: 76828717
Lundsbjerg Industrivej 29, 6200 Aabenraa
tel: 74613636

Company information

Official name
TEKNIDAN A/S
Personnel
39 persons
Established
1985
Company form
Limited company
Industry

About TEKNIDAN A/S

TEKNIDAN A/S (CVR number: 76828717) is a company from AABENRAA. The company recorded a gross profit of 25.5 mDKK in 2024. The operating profit was 4621 kDKK, while net earnings were 3609.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.8 %, which can be considered good and Return on Equity (ROE) was 14.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 40.2 %, 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. TEKNIDAN A/S's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit20 593.0024 735.0027 623.3126 471.9025 499.62
EBIT2 946.004 563.005 861.555 566.004 620.98
Net earnings2 082.003 400.004 112.364 008.223 609.48
Shareholders equity total15 536.0017 936.0020 748.0823 256.3025 365.77
Balance sheet total (assets)44 961.0059 161.0064 151.8058 494.7363 466.04
Net debt19 552.1315 788.6420 940.23
Profitability
EBIT-%
ROA6.9 %8.8 %10.0 %10.0 %8.8 %
ROE13.9 %20.3 %21.3 %18.2 %14.8 %
ROI6.9 %8.8 %12.4 %15.4 %12.6 %
Economic value added (EVA)2 219.693 782.323 636.682 249.851 596.71
Solvency
Equity ratio100.0 %100.0 %32.6 %40.3 %40.2 %
Gearing94.4 %68.0 %82.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.60.5
Current ratio1.31.51.4
Cash and cash equivalents31.8136.1816.85
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:8.80%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.2%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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