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Analyst: XBRLDenmark
 
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Bankruptcy Risk 
2018
2018/12
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
Bankruptcy risk for industry  1.5% 1.5% 1.5% 1.5% 1.5%  
Bankruptcy risk  1.2% 0.9% 1.0% 1.3% 1.1%  
Credit score (0-100)  84 89 86 80 84  
Credit rating  A A A A A  
Credit limit (kDKK)  136.7 409.0 262.6 75.6 193.1  

How are these values calculated?
 
View the automatically generated explanation of bankruptcy risk

Income statement (kDKK) 
2018
2018/12
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12

Net sales  0 0 0 0 0  
Gross profit  3,516 3,746 3,861 3,621 4,116  
EBITDA  714 800 1,098 920 1,089  
EBIT  338 413 608 421 595  
Pre-tax profit (PTP)  346.3 386.7 560.7 380.4 557.1  
Net earnings  268.8 309.5 437.1 296.3 433.1  
Pre-tax profit without non-rec. items  346 387 561 380 557  

 
See the entire income statement

Balance sheet (kDKK) 
2018
2018/12
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12

Tangible assets total  3,511 3,710 3,716 3,580 3,703  
Shareholders equity total  4,121 4,431 3,257 3,054 3,487  
Interest-bearing liabilities  1,921 1,571 1,552 1,414 1,280  
Balance sheet total (assets)  7,207 7,473 6,536 5,679 5,867  

Net Debt  1,610 478 966 655 -29.8  
 
See the entire balance sheet

Volume 
2018
2018/12
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12

Net sales  0 0 0 0 0  
Net sales growth  0.0% 0.0% 0.0% 0.0% 0.0%  
Gross profit  3,516 3,746 3,861 3,621 4,116  
Gross profit growth  19.3% 6.5% 3.1% -6.2% 13.7%  
Employees  4 0 0 0 6  
Employee growth %  33.3% -100.0% 0.0% 0.0% 0.0%  
Employee expenses  0.0 0.0 0.0 0.0 0.0  
Balance sheet total (assets)  7,207 7,473 6,536 5,679 5,867  
Balance sheet change%  1.9% 3.7% -12.5% -13.1% 3.3%  
Added value  337.5 412.9 608.2 421.4 595.4  
Added value %  0.0% 0.0% 0.0% 0.0% 0.0%  
Investments  -689 -450 -748 -898 -633  

Net sales trend  0.0 0.0 0.0 0.0 0.0  
EBIT trend  2.0 3.0 4.0 5.0 5.0  

Profitability 
2018
2018/12
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
EBITDA %  0.0% 0.0% 0.0% 0.0% 0.0%  
EBIT %  0.0% 0.0% 0.0% 0.0% 0.0%  
EBIT to gross profit (%)  9.6% 11.0% 15.8% 11.6% 14.5%  
Net Earnings %  0.0% 0.0% 0.0% 0.0% 0.0%  
Profit before depreciation and extraordinary items %  0.0% 0.0% 0.0% 0.0% 0.0%  
Pre tax profit less extraordinaries %  0.0% 0.0% 0.0% 0.0% 0.0%  
ROA %  5.6% 6.0% 8.7% 6.9% 10.3%  
ROI %  6.4% 6.9% 10.7% 8.7% 12.4%  
ROE %  6.7% 7.2% 11.4% 9.4% 13.2%  

Solidity 
2018
2018/12
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
Equity ratio %  57.2% 59.3% 49.8% 53.8% 59.4%  
Relative indebtedness %  0.0% 0.0% 0.0% 0.0% 0.0%  
Relative net indebtedness %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net int. bear. debt to EBITDA, %  225.4% 59.7% 88.0% 71.2% -2.7%  
Gearing %  46.6% 35.5% 47.6% 46.3% 36.7%  
Net interest  0 0 0 0 0  
Financing costs %  2.8% 3.0% 3.0% 2.8% 2.8%  

Liquidity 
2018
2018/12
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
Quick Ratio  1.7 2.0 1.2 1.3 1.7  
Current Ratio  1.9 2.0 1.2 1.3 1.8  
Cash and cash equivalent  311.0 1,093.8 585.4 758.8 1,309.6  

Capital use efficiency 
2018
2018/12
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
Trade debtors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Trade creditors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Current assets / Net sales %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net working capital  1,102.6 1,315.3 348.2 370.0 781.3  
Net working capital %  0.0% 0.0% 0.0% 0.0% 0.0%  

Employee efficiency 
2018
2018/12
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
Net sales / employee  0 0 0 0 0  
Added value / employee  84 0 0 0 99  
Employee expenses / employee  0 0 0 0 0  
EBITDA / employee  179 0 0 0 182  
EBIT / employee  84 0 0 0 99  
Net earnings / employee  67 0 0 0 72