TECHPEOPLE A/S — Credit Rating and Financial Key Figures

CVR number: 27511066
Smedeholm 10, 2730 Herlev
tel: 70255536

Company information

Official name
TECHPEOPLE A/S
Personnel
25 persons
Established
2004
Company form
Limited company
Industry

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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2016
2017
2018
Volume
Net sales51.7176.4078.91
Gross profit15.4822.1627.31
EBIT3.556.846.96
Net earnings2.705.265.32
Shareholders equity total3.255.818.13
Balance sheet total (assets)15.3020.5222.99
Net debt-1.81-7.55-7.55
Profitability
EBIT-%6.9 %8.9 %8.8 %
ROA23.2 %38.2 %32.0 %
ROE83.2 %116.1 %76.4 %
ROI109.1 %151.0 %99.9 %
Economic value added (EVA)2.735.225.47
Solvency
Equity ratio21.2 %28.3 %35.3 %
Gearing
Relative net indebtedness %19.8 %9.4 %9.3 %
Liquidity
Quick ratio1.31.41.5
Current ratio1.31.41.5
Cash and cash equivalents1.817.557.55
Capital use efficiency
Trade debtors turnover (days)94.160.869.3
Net working capital %6.1 %7.4 %10.0 %
Credit risk
Credit ratingBBBBBBA

Variable visualization

ROA:32.0%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:35.3%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

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