Tech Online ApS — Credit Rating and Financial Key Figures

Tech Online ApS (CVR number: 42217980) is a company from GENTOFTE. The company recorded a gross profit of 101.5 kDKK in 2023. The operating profit was 101.5 kDKK, while net earnings were 79 kDKK. The profitability of the company measured by Return on Assets (ROA) was 99.1 %, which can be considered excellent and Return on Equity (ROE) was 159 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33 %, 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. Tech Online 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.