TECHSOLUTIONS A/S — Credit Rating and Financial Key Figures

CVR number: 29009805
Marielundvej 43 A, 2730 Herlev
info@techsolutions.dk
tel: 70229700

Company information

Official name
TECHSOLUTIONS A/S
Personnel
4 persons
Established
2005
Company form
Limited company
Industry

About TECHSOLUTIONS A/S

TECHSOLUTIONS A/S (CVR number: 29009805) is a company from HERLEV. The company recorded a gross profit of 3307.3 kDKK in 2023. The operating profit was 557.6 kDKK, while net earnings were 407.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.5 %, which can be considered excellent and Return on Equity (ROE) was 17.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 77.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. TECHSOLUTIONS A/S's liquidity measured by quick ratio was 2.8 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit3 067.762 881.432 462.383 293.483 307.27
EBIT547.15431.9637.10719.08557.57
Net earnings408.10319.8431.04544.54407.26
Shareholders equity total1 220.561 540.411 571.452 115.992 523.25
Balance sheet total (assets)2 184.012 748.312 112.223 129.003 251.00
Net debt- 104.46- 811.8037.24-1 187.45- 759.38
Profitability
EBIT-%
ROA28.3 %17.5 %1.5 %27.4 %17.5 %
ROE40.1 %23.2 %2.0 %29.5 %17.6 %
ROI37.7 %25.2 %2.1 %34.9 %21.9 %
Economic value added (EVA)409.93319.2120.87514.51414.65
Solvency
Equity ratio55.9 %56.0 %74.4 %67.6 %77.6 %
Gearing25.4 %0.1 %2.4 %0.1 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.61.51.92.8
Current ratio1.71.92.92.74.5
Cash and cash equivalents414.97813.891 189.54761.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:17.5%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:77.6%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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