Tech Advise Project ApS — Credit Rating and Financial Key Figures

CVR number: 39419726
Skovlund 13, 9900 Frederikshavn
svend@techadvise.dk
www.techadvise.dk

Credit rating

Company information

Official name
Tech Advise Project ApS
Established
2018
Company form
Private limited company
Industry
  • Expand more icon71Architectural and engineering activities; technical testing and analysis

About Tech Advise Project ApS

Tech Advise Project ApS (CVR number: 39419726) is a company from FREDERIKSHAVN. The company recorded a gross profit of 753.1 kDKK in 2018. The operating profit was 320.8 kDKK, while net earnings were 248 kDKK. The profitability of the company measured by Return on Assets (ROA) was 60.6 %, which can be considered excellent and Return on Equity (ROE) was 83.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 56.3 %, 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. Tech Advise Project ApS's liquidity measured by quick ratio was 2.3 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
2018
Volume
Net sales
Gross profit753.06
EBIT320.79
Net earnings248.00
Shareholders equity total298.00
Balance sheet total (assets)529.40
Net debt- 281.00
Profitability
EBIT-%
ROA60.6 %
ROE83.2 %
ROI107.7 %
Economic value added (EVA)248.75
Solvency
Equity ratio56.3 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2.3
Current ratio2.3
Cash and cash equivalents281.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBB

Variable visualization

ROA:60.6%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.3%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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