TECHPEOPLE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TECHPEOPLE A/S
TECHPEOPLE A/S (CVR number: 27511066) is a company from HERLEV. The company reported a net sales of 100.4 mDKK in 2023, demonstrating a decline of -11.1 % compared to the previous year. The operating profit percentage was at 6.2 % (EBIT: 6.2 mDKK), while net earnings were 5026 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.4 %, which can be considered excellent and Return on Equity (ROE) was 30.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 52.4 %, 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. TECHPEOPLE A/S's liquidity measured by quick ratio was 2.1 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 88.28 | 102.64 | 98.40 | 113.04 | 100.44 |
Gross profit | 31.61 | 31.50 | 27.67 | 31.47 | 26.25 |
EBIT | 8.67 | 10.02 | 9.41 | 10.19 | 6.21 |
Net earnings | 6.33 | 7.69 | 7.30 | 7.91 | 5.03 |
Shareholders equity total | 11.46 | 14.14 | 15.44 | 17.35 | 15.38 |
Balance sheet total (assets) | 27.81 | 31.13 | 31.26 | 34.73 | 29.34 |
Net debt | -7.15 | -0.00 | 0.00 | -0.07 | |
Profitability | |||||
EBIT-% | 9.8 % | 9.8 % | 9.6 % | 9.0 % | 6.2 % |
ROA | 31.2 % | 34.0 % | 30.2 % | 30.9 % | 20.4 % |
ROE | 55.2 % | 60.1 % | 49.4 % | 48.2 % | 30.7 % |
ROI | 70.7 % | 70.5 % | 59.6 % | 62.2 % | 39.9 % |
Economic value added (EVA) | 6.70 | 7.55 | 6.60 | 7.12 | 3.92 |
Solvency | |||||
Equity ratio | 41.2 % | 45.4 % | 49.4 % | 50.0 % | 52.4 % |
Gearing | 0.0 % | ||||
Relative net indebtedness % | 10.4 % | 16.6 % | 16.1 % | 15.4 % | 13.8 % |
Liquidity | |||||
Quick ratio | 1.8 | 2.1 | 2.0 | 2.0 | 2.1 |
Current ratio | 1.8 | 2.1 | 2.0 | 2.0 | 2.1 |
Cash and cash equivalents | 7.15 | 0.00 | 0.07 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | 83.1 | 74.1 | 70.0 | 93.5 | 80.8 |
Net working capital % | 13.7 % | 15.5 % | 15.4 % | 15.1 % | 14.9 % |
Credit risk | |||||
Credit rating | A | A | A | BBB | A |
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