TEC SCANDINAVIA ApS — Credit Rating and Financial Key Figures

CVR number: 26609437
Kertemindevej 42, 8940 Randers SV
mb@tec-scandinavia.dk
tel: 29646466
www.tec-scandinavia.dk

Credit rating

Company information

Official name
TEC SCANDINAVIA ApS
Personnel
4 persons
Established
2002
Company form
Private limited company
Industry

About TEC SCANDINAVIA ApS

TEC SCANDINAVIA ApS (CVR number: 26609437) is a company from RANDERS. The company recorded a gross profit of 1961.8 kDKK in 2024. The operating profit was 350.3 kDKK, while net earnings were 261.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.4 %, which can be considered excellent and Return on Equity (ROE) was 24.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 48 %, 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. TEC SCANDINAVIA ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit1 831.352 262.741 415.382 691.431 961.75
EBIT931.351 346.25519.97515.04350.32
Net earnings752.201 123.37445.95431.94261.20
Shareholders equity total1 327.811 751.181 097.141 129.07990.27
Balance sheet total (assets)3 750.994 826.513 080.782 384.912 061.39
Net debt1 506.151 424.881 279.57- 190.10602.99
Profitability
EBIT-%
ROA26.0 %34.6 %16.0 %23.2 %17.4 %
ROE53.7 %73.0 %31.3 %38.8 %24.6 %
ROI35.3 %49.3 %22.7 %31.6 %24.0 %
Economic value added (EVA)580.11907.67248.58282.04191.12
Solvency
Equity ratio35.4 %36.3 %35.6 %47.3 %48.0 %
Gearing113.4 %81.4 %116.6 %43.8 %60.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.30.81.10.8
Current ratio1.51.51.41.81.5
Cash and cash equivalents685.20
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:17.4%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.0%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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