TEKNOLOGISK INNOVATION A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TEKNOLOGISK INNOVATION A/S
TEKNOLOGISK INNOVATION A/S (CVR number: 20665645) is a company from Høje-Taastrup. The company recorded a gross profit of -1.8 kDKK in 2023. The operating profit was -1.8 kDKK, while net earnings were 22.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak and Return on Equity (ROE) was 2.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TEKNOLOGISK INNOVATION A/S's liquidity measured by quick ratio was 161.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -17.06 | -7.59 | -1.82 | ||
EBIT | -19.86 | -2.12 | -17.06 | -7.59 | -1.82 |
Net earnings | -11.98 | -6.73 | 2 584.91 | -5.92 | 22.82 |
Shareholders equity total | 1 138.40 | 1 131.67 | 3 716.58 | 1 010.66 | 1 033.48 |
Balance sheet total (assets) | 1 239.20 | 1 232.47 | 3 912.44 | 1 010.66 | 1 039.92 |
Net debt | - 135.74 | - 298.42 | -3 912.44 | -1 009.00 | -1 039.92 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.3 % | -0.7 % | 128.8 % | -0.3 % | 2.9 % |
ROE | -0.3 % | -0.6 % | 106.6 % | -0.3 % | 2.2 % |
ROI | -0.3 % | -0.8 % | 136.7 % | -0.3 % | 2.9 % |
Economic value added (EVA) | - 396.90 | -52.03 | -55.18 | 3.92 | -1.50 |
Solvency | |||||
Equity ratio | 91.9 % | 91.8 % | 95.0 % | 100.0 % | 99.4 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 7.1 | 8.3 | 20.0 | 161.6 | |
Current ratio | 7.1 | 8.3 | 20.0 | 161.6 | |
Cash and cash equivalents | 135.74 | 298.42 | 3 912.44 | 1 009.00 | 1 039.92 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | B | BB |
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