Tech Inno 2019 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Tech Inno 2019 ApS
Tech Inno 2019 ApS (CVR number: 37467383) is a company from SYDDJURS. The company recorded a gross profit of 16.6 kDKK in 2018. The operating profit was -57.2 kDKK, while net earnings were -39.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13 %, which can be considered poor and Return on Equity (ROE) was -22 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 48.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Tech Inno 2019 ApS's liquidity measured by quick ratio was 1.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | 309.40 | 204.81 | 16.63 |
EBIT | 303.40 | 186.75 | -57.25 |
Net earnings | 239.30 | 149.58 | -39.55 |
Shareholders equity total | 289.30 | 199.58 | 160.03 |
Balance sheet total (assets) | 418.35 | 410.20 | 332.64 |
Net debt | - 125.86 | - 178.66 | -45.35 |
Profitability | |||
EBIT-% | |||
ROA | 74.7 % | 47.0 % | -13.0 % |
ROE | 82.7 % | 61.2 % | -22.0 % |
ROI | 106.9 % | 79.2 % | -26.2 % |
Economic value added (EVA) | 234.15 | 135.63 | -47.61 |
Solvency | |||
Equity ratio | 69.2 % | 48.7 % | 48.1 % |
Gearing | 1.0 % | 4.9 % | |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 3.2 | 2.5 | 1.9 |
Current ratio | 3.2 | 2.5 | 1.9 |
Cash and cash equivalents | 128.74 | 178.66 | 53.16 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BB | BB | BB |
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