Techstar ApS — Credit Rating and Financial Key Figures

CVR number: 41066423
Ragnagade 17, 2100 København Ø

Company information

Official name
Techstar ApS
Personnel
1 person
Established
2020
Company form
Private limited company
Industry

About Techstar ApS

Techstar ApS (CVR number: 41066423) is a company from KØBENHAVN. The company recorded a gross profit of 2006.5 kDKK in 2024. The operating profit was 1326.8 kDKK, while net earnings were 1030.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 69.7 %, which can be considered excellent and Return on Equity (ROE) was 97.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.5 %, 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. Techstar ApS's liquidity measured by quick ratio was 2.1 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit604.471 081.231 370.912 009.242 006.50
EBIT604.47836.48713.981 319.511 326.78
Net earnings471.22649.46546.981 006.021 030.85
Shareholders equity total511.22689.68587.661 046.681 077.53
Balance sheet total (assets)552.55839.281 029.831 737.692 091.87
Net debt- 465.32- 554.54- 704.38-1 503.06-1 060.56
Profitability
EBIT-%
ROA109.4 %120.2 %76.4 %95.4 %69.7 %
ROE92.2 %108.2 %85.6 %123.1 %97.1 %
ROI118.3 %139.3 %111.8 %157.7 %95.0 %
Economic value added (EVA)471.53626.73520.57994.41979.39
Solvency
Equity ratio92.5 %82.2 %57.1 %60.2 %51.5 %
Gearing3.8 %59.9 %
Relative net indebtedness %
Liquidity
Quick ratio13.45.62.32.52.1
Current ratio13.45.62.32.52.1
Cash and cash equivalents465.32554.54704.381 542.351 706.24
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:69.7%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.5%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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