TechTree ApS — Credit Rating and Financial Key Figures

CVR number: 38309242
Kurreholmvej 32, 3330 Gørløse

Company information

Official name
TechTree ApS
Established
2017
Company form
Private limited company
Industry

About TechTree ApS

TechTree ApS (CVR number: 38309242) is a company from HILLERØD. The company recorded a gross profit of -39 kDKK in 2023. The operating profit was -39 kDKK, while net earnings were -98.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.8 %, which can be considered poor and Return on Equity (ROE) was -82.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -95.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. TechTree ApS's liquidity measured by quick ratio was 7.5 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 sales
Gross profit- 400.09- 424.58- 235.96- 200.49-38.96
EBIT- 405.25- 424.58- 235.96- 200.49-38.96
Net earnings- 351.58- 339.03- 241.69- 222.65-98.49
Shareholders equity total-1 226.29-1 565.32-1 807.01-2 029.66-2 128.14
Balance sheet total (assets)135.44166.20243.38138.6999.44
Net debt1 334.911 703.461 995.942 155.072 207.28
Profitability
EBIT-%
ROA-34.5 %-27.5 %-12.5 %-9.5 %-1.8 %
ROE-284.2 %-224.8 %-118.0 %-116.5 %-82.7 %
ROI-34.8 %-27.6 %-12.5 %-9.6 %-1.8 %
Economic value added (EVA)- 271.89- 238.01- 104.48-63.3471.68
Solvency
Equity ratio-90.1 %-90.4 %-88.1 %-93.6 %-95.5 %
Gearing-110.1 %-110.0 %-112.9 %-106.2 %-104.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.124.710.47.5
Current ratio0.10.124.710.47.5
Cash and cash equivalents15.8418.2344.601.448.46
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-1.77%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-95.5%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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