TECHPEOPLE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TECHPEOPLE A/S
TECHPEOPLE A/S (CVR number: 27511066K) is a company from HERLEV. The company reported a net sales of 78.9 mDKK in 2018, demonstrating a growth of 3.3 % compared to the previous year. The operating profit percentage was at 8.8 % (EBIT: 7 mDKK), while net earnings were 5321.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 32 %, which can be considered excellent and Return on Equity (ROE) was 76.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. TECHPEOPLE A/S's liquidity measured by quick ratio was 1.5 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2016 | 2017 | 2018 | |
---|---|---|---|
Volume | |||
Net sales | 51.71 | 76.40 | 78.91 |
Gross profit | 15.48 | 22.16 | 27.31 |
EBIT | 3.55 | 6.84 | 6.96 |
Net earnings | 2.70 | 5.26 | 5.32 |
Shareholders equity total | 3.25 | 5.81 | 8.13 |
Balance sheet total (assets) | 15.30 | 20.52 | 22.99 |
Net debt | -1.81 | -7.55 | -7.55 |
Profitability | |||
EBIT-% | 6.9 % | 8.9 % | 8.8 % |
ROA | 23.2 % | 38.2 % | 32.0 % |
ROE | 83.2 % | 116.1 % | 76.4 % |
ROI | 109.1 % | 151.0 % | 99.9 % |
Economic value added (EVA) | 2.73 | 5.22 | 5.47 |
Solvency | |||
Equity ratio | 21.2 % | 28.3 % | 35.3 % |
Gearing | |||
Relative net indebtedness % | 19.8 % | 9.4 % | 9.3 % |
Liquidity | |||
Quick ratio | 1.3 | 1.4 | 1.5 |
Current ratio | 1.3 | 1.4 | 1.5 |
Cash and cash equivalents | 1.81 | 7.55 | 7.55 |
Capital use efficiency | |||
Trade debtors turnover (days) | 94.1 | 60.8 | 69.3 |
Net working capital % | 6.1 % | 7.4 % | 10.0 % |
Credit risk | |||
Credit rating | BBB | BBB | A |
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