Tech Made Simple ApS — Credit Rating and Financial Key Figures

Tech Made Simple ApS (CVR number: 40687939) is a company from HELSINGØR. The company recorded a gross profit of 1076.5 kDKK in 2023. The operating profit was -462.2 kDKK, while net earnings were -462.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -57.3 %, which can be considered poor and Return on Equity (ROE) was -88 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 61.7 %, 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. Tech Made Simple ApS's liquidity measured by quick ratio was 2.6 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.