TECCON FORM A/S — Credit Rating and Financial Key Figures

CVR number: 12513046
Joachim Wellers Vej 31, 7500 Holstebro
tel: 96106006

Credit rating

Company information

Official name
TECCON FORM A/S
Personnel
11 persons
Established
1988
Company form
Limited company
Industry
  • Expand more icon256300

About TECCON FORM A/S

TECCON FORM A/S (CVR number: 12513046) is a company from HOLSTEBRO. The company recorded a gross profit of 2183.8 kDKK in 2023. The operating profit was 699.9 kDKK, while net earnings were 351.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent and Return on Equity (ROE) was 4.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 42.3 %, 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. TECCON FORM A/S's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 763.012 688.071 267.672 088.822 183.75
EBIT1 312.811 344.10- 125.87757.26699.87
Net earnings751.37856.48- 311.38390.26351.87
Shareholders equity total7 565.997 972.487 110.977 501.227 353.09
Balance sheet total (assets)20 402.6319 752.3618 524.7318 133.6517 640.91
Net debt3 926.802 073.304 803.695 445.884 546.96
Profitability
EBIT-%
ROA6.3 %6.7 %-0.7 %4.4 %4.1 %
ROE10.0 %11.0 %-4.1 %5.3 %4.7 %
ROI7.2 %7.7 %-0.8 %4.9 %4.7 %
Economic value added (EVA)541.39542.14- 526.27150.3385.22
Solvency
Equity ratio37.1 %40.9 %40.0 %41.6 %42.3 %
Gearing52.2 %45.4 %72.3 %74.5 %64.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.71.81.51.41.5
Current ratio1.81.81.51.51.5
Cash and cash equivalents24.791 544.79339.32141.56178.11
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:4.10%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.3%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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