TechApps ApS — Credit Rating and Financial Key Figures

TechApps ApS (CVR number: 38935585) is a company from AALBORG. The company recorded a gross profit of 10.8 kDKK in 2022. The operating profit was 10.8 kDKK, while net earnings were 4.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.4 %, which can be considered excellent but Return on Equity (ROE) was 7.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 89.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TechApps ApS's liquidity measured by quick ratio was 7.7 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.