Tech Assets ApS — Credit Rating and Financial Key Figures

CVR number: 42685968
Tåstruphøj 6, 4300 Holbæk
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Company information

Official name
Tech Assets ApS
Personnel
1 person
Established
2021
Company form
Private limited company
Industry

About Tech Assets ApS

Tech Assets ApS (CVR number: 42685968) is a company from HOLBÆK. The company recorded a gross profit of 138.5 kDKK in 2023. The operating profit was -168.7 kDKK, while net earnings were -172.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -17.7 %, which can be considered poor and Return on Equity (ROE) was -23.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -9.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Tech Assets ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
Volume
Net sales
Gross profit-23.32138.46
EBIT-23.32- 168.73
Net earnings-23.32- 172.80
Shareholders equity total16.68- 156.12
Balance sheet total (assets)300.641 449.66
Net debt543.96394.69
Profitability
EBIT-%
ROA-7.8 %-17.7 %
ROE-139.8 %-23.6 %
ROI-4.2 %-35.0 %
Economic value added (EVA)-23.32- 169.53
Solvency
Equity ratio5.5 %-9.7 %
Gearing3265.0 %-257.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.8
Current ratio0.00.8
Cash and cash equivalents0.647.45
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBB

Variable visualization

ROA:-17.7%
Rating: 2/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-9.72%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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