Tecpro ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Tecpro ApS
Tecpro ApS (CVR number: 38113305) is a company from HERNING. The company recorded a gross profit of 276.3 kDKK in 2023. The operating profit was -116.7 kDKK, while net earnings were -124.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -24.6 %, which can be considered poor and Return on Equity (ROE) was -49.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 40.1 %, 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. Tecpro ApS's liquidity measured by quick ratio was 1.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 63.09 | 572.04 | |||
Gross profit | -4.12 | 22.10 | 468.72 | 531.53 | 276.33 |
EBIT | 2.14 | 22.10 | 193.40 | 140.19 | - 116.73 |
Net earnings | 1.42 | 16.78 | 151.58 | 109.77 | - 124.16 |
Shareholders equity total | 105.15 | 121.93 | 201.58 | 311.35 | 187.19 |
Balance sheet total (assets) | 117.81 | 139.02 | 370.62 | 481.36 | 466.94 |
Net debt | - 103.83 | - 121.64 | - 214.50 | - 355.60 | - 391.98 |
Profitability | |||||
EBIT-% | 35.0 % | 33.8 % | |||
ROA | 1.6 % | 17.2 % | 75.9 % | 32.9 % | -24.6 % |
ROE | 1.4 % | 14.8 % | 93.7 % | 42.8 % | -49.8 % |
ROI | 2.0 % | 19.3 % | 119.1 % | 54.7 % | -46.8 % |
Economic value added (EVA) | 2.66 | 17.25 | 153.52 | 112.14 | - 114.50 |
Solvency | |||||
Equity ratio | 89.3 % | 87.7 % | 54.4 % | 64.7 % | 40.1 % |
Gearing | 1.1 % | 1.0 % | 0.0 % | 0.0 % | 0.0 % |
Relative net indebtedness % | -167.7 % | -7.9 % | |||
Liquidity | |||||
Quick ratio | 9.3 | 8.1 | 2.9 | 3.1 | 1.7 |
Current ratio | 9.3 | 8.1 | 2.9 | 3.1 | 1.7 |
Cash and cash equivalents | 104.95 | 122.89 | 214.50 | 355.60 | 391.98 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 93.3 | 99.6 | |||
Net working capital % | 193.3 % | 42.5 % | |||
Credit risk | |||||
Credit rating | B | BB | BBB | BBB | BB |
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