TEK-Company ApS

APSDissolved

CVR 40177817Ambolten 41B, 6000 KoldingEngroshandel med andre maskiner og andet udstyr· NACE 466900Est. 2019 · 7 years old— employees

Overview

TEK-Company ApS is a Danish APS based in Kolding, operating in the Engroshandel med andre maskiner og andet udstyr sector. Incorporated in 2019, the company reported a gross profit of DKK 26.6k in its latest annual filing.

Gross profit 2020

26.6K DKK

−30% vs 2019

EBITDA margin (of gross profit)

100.0 %

−30% vs 2019

Net profit 2020

1.6K DKK

-86% vs 2019

Key ratios

See full ratios →

11.4 %

Weak

Among the 30% lowest rated companies in the industry

20192020

1.1×

Weak

Among the 40% lowest rated companies in the industry

20192020

0.3 %

Average

Around the average of companies in the same industry

20192020

EBITDA — year on year

DKK thousands

Key figures

Annual report 2020

Gross profit	26.6K DKK	-30%
EBITDA	26.6K DKK	-30%
Net profit	1.6K DKK	-86%
Total assets	559.3K DKK	-23%
Equity	63.5K DKK	+3%
Employees	—	—

Financial development

In its most recent annual report (2020), TEK-Company ApS reported a gross profit of DKK 26.6k, a decrease of 30% on the year before. The figures on this page draw on 2 annual filings covering 2019 to 2020. The bottom line showed a net profit of DKK 1.6k, and the EBITDA margin stood at 100%.

At the end of 2020, equity financed 11.4% of the balance sheet, and current assets covered short-term debt 1.1 times.

Financials

Gross profit

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2020	2019
Gross profit	27	38
Staff expenses	-0	-0
EBITDA	27	38
Depreciation & amort.	-0	-0
EBIT	27	38
Net financials	-25	-22
Profit before tax	2	17
Tax	0	5
Net profit	2	12

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Balance sheet

DKK thousands

Item	2020	2019
Total assets	559	730
Equity	63	62
Long-term debt	0	0
Short-term debt	496	668
Total debt	496	668

Financial ratios

5-year trend

EBITDA margin (of gross profit)

100.0 %

20192020

Equity ratio

11.4 %

Weak

Among the 30% lowest rated companies in the industry

20192020

Return on equity

2.6 %

Weak

Among the 40% lowest rated companies in the industry

20192020

Net profit margin (of gross profit)

6.1 %

20192020

Asset turnover (of gross profit)

0.05×

20192020

Debt / equity

7.81×

Very weak

Among the 10% lowest rated companies in the industry

20192020

Sector performance

22 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Return on equity (ROE)Weak

Among the 40% lowest rated companies in the industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Average

Around the average of companies in the same industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Return on net assets (RONA)Weak

Among the 40% lowest rated companies in the industry

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Basic earning power (BEP)Average

Around the average of companies in the same industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Gross marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Capacity ratioNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Liquidity

Current ratioWeak

Among the 40% lowest rated companies in the industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioWeak

Among the 40% lowest rated companies in the industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioAverage

Around the average of companies in the same industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityVery weak

Among the 10% lowest rated companies in the industry

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalVery strong

Among the 10% highest rated companies in the industry

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Cash conversion ratioVery strong

Among the 10% highest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioWeak

Among the 30% lowest rated companies in the industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioWeak

Among the 30% lowest rated companies in the industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityVery weak

Among the 10% lowest rated companies in the industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityVery weak

Among the 10% lowest rated companies in the industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtWeak

Among the 40% lowest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtAverage

Around the average of companies in the same industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageAverage

Around the average of companies in the same industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtWeak

Among the 30% lowest rated companies in the industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginWeak

Among the 40% lowest rated companies in the industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Efficiency & development

Equity to contributed capitalWeak

Among the 40% lowest rated companies in the industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityAverage

Around the average of companies in the same industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtVery strong

Among the 20% highest rated companies in the industry

The size of this year's increase or decrease in the company's debt.

Asset turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to total assets — the ability to generate revenue from the asset base.

Inventory turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

Annual reports & filings

Annual report 2020
Filed via CVR / Virk · Period 2020-01-01 – 2020-12-31
View PDF
Annual report 2019
Filed via CVR / Virk · Period 2019-01-16 – 2019-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (1)


TK Torben Klerke Chief Executive Officer	Chief Executive Officer	2019 – 2022

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
KLERKE HOLDING ApS	Company	25–33.32%	25–33.32%	2021
L. SALLING HOLDING ApS	Company	33.33–49.99%	33.33–49.99%	2021
JS Holding Kolding ApS	Company	33.33–49.99%	33.33–49.99%	2021