T&E TEKNIK & EL ApS — Credit Rating and Financial Key Figures

CVR number: 27017851
Storegade 2, 8700 Horsens
npe@te-el.dk
tel: 76744015

Company information

Official name
T&E TEKNIK & EL ApS
Personnel
41 persons
Established
2003
Company form
Private limited company
Industry

About T&E TEKNIK & EL ApS

T&E TEKNIK & EL ApS (CVR number: 27017851) is a company from HORSENS. The company recorded a gross profit of 22.3 mDKK in 2024. The operating profit was 4675.2 kDKK, while net earnings were 3870.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 36.6 %, which can be considered excellent and Return on Equity (ROE) was 67.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 0.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. T&E TEKNIK & EL ApS's liquidity measured by quick ratio was 2 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 profit11 601.6811 763.708 723.3918 529.9422 322.64
EBIT2 420.471 160.76-6 402.9971.474 675.17
Net earnings1 864.53873.96-6 401.57591.593 870.84
Shareholders equity total3 864.532 873.95-4 401.57-3 809.9860.85
Balance sheet total (assets)8 521.429 693.3214 698.1011 359.0610 392.24
Net debt-1 807.372 218.893 206.503 639.641 243.19
Profitability
EBIT-%
ROA30.2 %12.8 %-44.4 %0.5 %36.6 %
ROE56.0 %25.9 %-72.9 %4.5 %67.8 %
ROI47.7 %20.3 %-49.6 %0.7 %180.5 %
Economic value added (EVA)1 800.45804.22-6 465.53276.534 401.60
Solvency
Equity ratio45.4 %29.6 %-23.0 %-25.1 %0.6 %
Gearing6.8 %81.4 %-75.2 %-99.6 %2183.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.21.56.61.02.0
Current ratio2.41.67.21.22.3
Cash and cash equivalents2 068.47119.68104.93154.2085.36
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBB

Variable visualization

ROA:36.6%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:0.59%
Rating: 1/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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