TECHVISION ApS — Credit Rating and Financial Key Figures

CVR number: 26216540
Nørregade 45 B, 5000 Odense C
rune@alblas.dk
tel: 22558835

Company information

Official name
TECHVISION ApS
Established
2001
Company form
Private limited company
Industry

About TECHVISION ApS

TECHVISION ApS (CVR number: 26216540) is a company from ODENSE. The company reported a net sales of 1.2 mDKK in 2023, demonstrating a growth of 255.8 % compared to the previous year. The operating profit percentage was at 99 % (EBIT: 1.2 mDKK), while net earnings were 2112.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.3 %, which can be considered excellent and Return on Equity (ROE) was 23.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TECHVISION ApS's liquidity measured by quick ratio was 600 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 sales337.001 198.96
Gross profit-7.61-56.33-26.43312.141 187.19
EBIT- 170.19106.26-26.43312.141 187.19
Net earnings- 267.51415.68903.71- 814.652 112.46
Shareholders equity total7 650.457 976.148 879.858 065.1910 120.63
Balance sheet total (assets)7 774.538 236.078 889.958 075.3210 134.28
Net debt-4 902.37-7 371.55-7 701.62-6 933.36-8 190.25
Profitability
EBIT-%92.6 %99.0 %
ROA-1.8 %6.4 %13.7 %4.4 %23.3 %
ROE-3.4 %5.3 %10.7 %-9.6 %23.2 %
ROI-1.8 %6.6 %13.9 %4.4 %23.3 %
Economic value added (EVA)- 286.72-51.02-40.88265.291 156.36
Solvency
Equity ratio98.4 %96.8 %99.9 %99.9 %99.9 %
Gearing0.0 %0.0 %0.0 %
Relative net indebtedness %-2054.4 %-682.0 %
Liquidity
Quick ratio46.029.0810.9710.0600.0
Current ratio46.029.0810.9710.0600.0
Cash and cash equivalents4 902.377 371.557 701.726 933.488 190.35
Capital use efficiency
Trade debtors turnover (days)
Net working capital %73.8 %-0.6 %
Credit risk
Credit ratingAAAABBBA

Variable visualization

ROA:23.3%
Rating: 79/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.9%
Rating: 98/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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