TECHFORCE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TECHFORCE ApS
TECHFORCE ApS (CVR number: 25276663) is a company from FREDERIKSBERG. The company recorded a gross profit of -58.6 kDKK in 2024. The operating profit was -58.8 kDKK, while net earnings were -47.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.2 %, which can be considered poor and Return on Equity (ROE) was -16.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24.3 %, 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 1.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 375.74 | 1 354.03 | 1 318.14 | 1 292.32 | -58.56 |
EBIT | 609.21 | 482.29 | 489.67 | 436.23 | -58.84 |
Net earnings | 467.52 | 383.35 | 366.71 | 334.95 | -47.72 |
Shareholders equity total | 1 048.40 | 681.75 | 1 048.46 | 483.41 | 85.69 |
Balance sheet total (assets) | 1 998.36 | 2 168.73 | 2 303.20 | 1 549.86 | 353.31 |
Net debt | -1 290.70 | - 709.63 | -1 254.15 | -1 025.93 | - 179.80 |
Profitability | |||||
EBIT-% | |||||
ROA | 39.0 % | 23.1 % | 21.9 % | 22.6 % | -6.2 % |
ROE | 57.4 % | 44.3 % | 42.4 % | 43.7 % | -16.8 % |
ROI | 74.8 % | 55.8 % | 56.6 % | 57.0 % | -20.7 % |
Economic value added (EVA) | 443.81 | 337.87 | 341.82 | 284.42 | -70.85 |
Solvency | |||||
Equity ratio | 52.5 % | 31.4 % | 45.5 % | 31.2 % | 24.3 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.1 | 1.5 | 1.8 | 1.5 | 1.3 |
Current ratio | 2.1 | 1.5 | 1.8 | 1.5 | 1.3 |
Cash and cash equivalents | 1 290.70 | 709.63 | 1 254.15 | 1 025.93 | 179.80 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BB | BB |
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