Tech Inno 2019 ApS — Credit Rating and Financial Key Figures

CVR number: 37467383
Svinget 7, Følle Strand 8410 Rønde

Company information

Official name
Tech Inno 2019 ApS
Personnel
1 person
Established
2016
Domicile
Følle Strand
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
Volume
Net sales
Gross profit309.40204.8116.63
EBIT303.40186.75-57.25
Net earnings239.30149.58-39.55
Shareholders equity total289.30199.58160.03
Balance sheet total (assets)418.35410.20332.64
Net debt- 125.86- 178.66-45.35
Profitability
EBIT-%
ROA74.7 %47.0 %-13.0 %
ROE82.7 %61.2 %-22.0 %
ROI106.9 %79.2 %-26.2 %
Economic value added (EVA)234.15135.63-47.61
Solvency
Equity ratio69.2 %48.7 %48.1 %
Gearing1.0 %4.9 %
Relative net indebtedness %
Liquidity
Quick ratio3.22.51.9
Current ratio3.22.51.9
Cash and cash equivalents128.74178.6653.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:-13.0%
Rating: 7/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.1%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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