TECCO A/S — Credit Rating and Financial Key Figures

CVR number: 40202277
Oluf Krags Vej 6, 9300 Sæby

Credit rating

Company information

Official name
TECCO A/S
Personnel
1 person
Established
2019
Company form
Limited company
Industry

About TECCO A/S

TECCO A/S (CVR number: 40202277) is a company from FREDERIKSHAVN. The company recorded a gross profit of 1061.4 kDKK in 2023. The operating profit was 422.5 kDKK, while net earnings were 339.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 28.1 %, which can be considered excellent and Return on Equity (ROE) was 29.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 73.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. TECCO A/S's liquidity measured by quick ratio was 3.8 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 profit339.83431.90579.951 132.211 061.40
EBIT89.63118.75164.06590.45422.48
Net earnings70.1289.25124.55463.39339.31
Shareholders equity total470.12559.37683.931 147.321 186.62
Balance sheet total (assets)652.00717.20828.231 492.881 605.36
Net debt- 254.80- 262.33- 356.69- 846.47- 827.54
Profitability
EBIT-%
ROA13.7 %17.3 %21.2 %51.4 %28.1 %
ROE14.9 %17.3 %20.0 %50.6 %29.1 %
ROI18.2 %22.2 %25.7 %64.7 %37.3 %
Economic value added (EVA)71.4696.34128.77458.84329.44
Solvency
Equity ratio72.1 %78.0 %82.6 %76.9 %73.9 %
Gearing5.0 %3.3 %2.1 %
Relative net indebtedness %
Liquidity
Quick ratio3.64.55.74.33.8
Current ratio3.64.55.74.33.8
Cash and cash equivalents278.16280.95371.00846.47827.54
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:28.1%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:73.9%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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