SPEED TECH A/S — Credit Rating and Financial Key Figures

CVR number: 15020334
Nybrovej 97, 2820 Gentofte
info@speed-tech.dk
tel: 45938545
www.speed-tech.dk
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Company information

Official name
SPEED TECH A/S
Personnel
8 persons
Established
1991
Company form
Limited company
Industry

About SPEED TECH A/S

SPEED TECH A/S (CVR number: 15020334) is a company from GENTOFTE. The company recorded a gross profit of 11 mDKK in 2024. The operating profit was 7215.2 kDKK, while net earnings were 5499.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 45 %, which can be considered excellent and Return on Equity (ROE) was 44 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 78.6 %, 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. SPEED TECH A/S's liquidity measured by quick ratio was 4.7 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit7 376.2410 955.768 857.418 872.3011 033.11
EBIT5 333.688 851.286 401.396 439.777 215.17
Net earnings3 896.567 175.095 050.435 217.735 499.40
Shareholders equity total9 819.2211 994.3213 044.7511 262.4813 761.88
Balance sheet total (assets)13 581.0715 697.1916 943.5214 777.3817 498.72
Net debt-3 577.60-4 684.83-2 712.39-3 324.78-5 422.00
Profitability
EBIT-%
ROA35.3 %63.1 %39.7 %42.2 %45.0 %
ROE35.8 %65.8 %40.3 %42.9 %44.0 %
ROI49.1 %84.6 %51.8 %55.1 %58.1 %
Economic value added (EVA)3 560.536 409.664 387.784 365.585 049.10
Solvency
Equity ratio72.3 %76.4 %77.0 %76.2 %78.6 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio3.56.13.53.44.7
Current ratio5.09.46.67.07.9
Cash and cash equivalents3 577.604 684.832 712.393 324.785 422.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:45.0%
Rating: 92/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.6%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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