TECHFORCE ApS — Credit Rating and Financial Key Figures

CVR number: 25276663
Dalgas Boulevard 43, 2000 Frederiksberg
jesper.holme@techforce.dk
tel: 20609626
www.techforce.dk

Credit rating

Company information

Official name
TECHFORCE ApS
Personnel
1 person
Established
2000
Company form
Private limited company
Industry

About TECHFORCE ApS

TECHFORCE ApS (CVR number: 25276663) is a company from FREDERIKSBERG. The company recorded a gross profit of 1292.3 kDKK in 2023. The operating profit was 436.2 kDKK, while net earnings were 335 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.6 %, which can be considered excellent and Return on Equity (ROE) was 43.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 31.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. TECHFORCE ApS'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 profit1 095.211 375.741 354.031 318.141 292.32
EBIT449.68609.21482.29489.67436.23
Net earnings348.10467.52383.35366.71334.95
Shareholders equity total580.881 048.40681.751 048.46483.41
Balance sheet total (assets)1 127.611 998.362 168.732 303.201 549.86
Net debt- 513.86-1 290.70- 709.63-1 254.15-1 025.93
Profitability
EBIT-%
ROA59.5 %39.0 %23.1 %21.9 %22.6 %
ROE85.6 %57.4 %44.3 %42.4 %43.7 %
ROI110.5 %74.8 %55.8 %56.6 %57.0 %
Economic value added (EVA)349.89469.64402.73377.48347.44
Solvency
Equity ratio51.5 %52.5 %31.4 %45.5 %31.2 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2.12.11.51.81.5
Current ratio2.12.11.51.81.5
Cash and cash equivalents513.861 290.70709.631 254.151 025.93
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:22.6%
Rating: 78/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:31.2%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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