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Twin-Tech ApS — Credit Rating and Financial Key Figures

CVR number: 40334939
Åbjergparken 38, 7480 Vildbjerg
tel: 22406094
Free credit report Annual report

Credit rating

Company information

Official name
Twin-Tech ApS
Personnel
6 persons
Established
2019
Company form
Private limited company
Industry

About Twin-Tech ApS

Twin-Tech ApS (CVR number: 40334939) is a company from HERNING. The company recorded a gross profit of 4781.7 kDKK in 2024. The operating profit was 711 kDKK, while net earnings were 514.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 31.6 %, which can be considered excellent and Return on Equity (ROE) was 45.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 50.5 %, 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. Twin-Tech ApS's liquidity measured by quick ratio was 1.3 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 profit3 823.513 772.313 838.933 717.164 781.67
EBIT1 126.68935.92705.95617.03710.96
Net earnings801.82680.64509.82445.47514.12
Shareholders equity total1 210.511 291.16900.981 096.451 160.56
Balance sheet total (assets)3 241.552 770.051 708.842 222.082 297.41
Net debt- 256.50251.33162.26439.51- 435.90
Profitability
EBIT-%
ROA36.4 %31.1 %31.5 %31.6 %31.6 %
ROE85.3 %54.4 %46.5 %44.6 %45.6 %
ROI54.8 %45.9 %47.0 %47.8 %48.6 %
Economic value added (EVA)779.38621.41452.67427.69477.25
Solvency
Equity ratio37.3 %46.6 %52.7 %49.3 %50.5 %
Gearing76.8 %50.3 %18.0 %40.1 %20.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.21.11.21.3
Current ratio1.41.61.81.71.8
Cash and cash equivalents1 186.50397.67674.32
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:31.6%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.5%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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