Technical Education Copenhagen (TEC) Due Diligence

Run due diligence on Technical Education Copenhagen (TEC): check compliance and get alerts when suppliers or ownership change.

Denmark · owned by Independent (Denmark) · tec.dk · 19 vendors

TEC (Technical Education Copenhagen) is a Danish technical school (erhvervsskole) headquartered in Frederiksberg, Copenhagen, offering vocational education and training (EUD), technical upper secondary education (HTX), combined vocational and upper secondary programmes (EUX), 10th grade, and adult continuing education courses. The school serves students across multiple campuses in the Greater Copenhagen area, including Ballerup, Frederiksberg, Gladsaxe, and Hvidovre. TEC also provides training and upskilling services for businesses and companies.

Resilience scores

Technology vendors

Insights

Last updated 2026-09-13 · revision 7

19 direct vendors, 177 subvendors

Direct vendors by controlling owner country (sample)

Subvendors by controlling owner country (sample)

Compliance

6 in-scope frameworks identified; showing 3.

Danish Databeskyttelsesloven — Evidence found

Evidence: https://tec.dk/privatlivspolitik-for-elever-og-kursister/, https://tec.dk/om-tec/

GDPR (source) — Evidence found

Evidence: https://tec.dk/privatlivspolitik-for-elever-og-kursister/, https://tec.dk/cookiedeklaration/, https://tec.dk/om-tec/, https://tec.dk

ISO 27001 (source) — No public evidence

Evidence: https://tec.dk/om-tec/, https://tec.dk

Financials

Three-year financials

Financial Resilience Score: 6/10

TEC has a highly stable revenue base with approximately 87% of 2025 revenue (DKK 536m of 615m) coming from Danish state grants, providing non-cyclical, government-guaranteed funding. Management and auditor Deloitte have explicitly confirmed going-concern status with satisfactory liquidity. Strategic government backing is significant: TEC was designated one of Denmark's three 'climate vocational schools' in September 2024, with ring-fenced funding of ~DKK 105m/year 2024–2028 plus DKK 20m/year specifically for green transport. Student volumes rebounded 2% in 2025, reversing a 4-year decline, and applications for 2026 hit record levels. However, financial resilience is weakened by chronic net losses in 4 of the last 5 years, with the solvency ratio drifting down from 23.6% (2022) to 19.2% (2025). Financial gearing is high: long-term debt of DKK 770m against equity of DKK 229m, with mortgage loans totalling DKK 753m at a loan-to-value ratio of 88.9%. Liquidity has halved from DKK 289m (end-2023) to DKK 90m (end-2025) due to large real-estate investments. The 2026 budget projects only a marginal +DKK 1m result, providing thin margin for error. The operational result is positive but financial costs (DKK 17.3m interest, net) push net results into deficit.

Key strengths: 87% of revenue from stable Danish state grants, Going-concern confirmed by Deloitte with satisfactory liquidity, Designated climate vocational school with ring-fenced funding through 2028, Solid real-estate base (DKK 988m book value) collateralizing mortgage debt, Student volumes rebounded 2% in 2025 after 11% decline 2021-2024, Record application levels for 2026 intake, Positive operating result of DKK 10.2M in 2025

Risk factors: Chronic net losses in 4 of last 5 years, Solvency ratio declining to 19.2% (2025), High financial gearing: DKK 770m long-term debt vs DKK 229m equity, Loan-to-value ratio of 88.9% on mortgage loans, Cash halved from DKK 289m (2023) to DKK 90m (2025) due to capex, Thin 2026 budgeted result of only +DKK 1m, Contingent DKK 3.5m lawsuit from Hovedstadens Letbane I/S, Operating lease commitments of DKK 77.7m remaining, Cost pressure with total costs rising 4.5% in 2025, Parallel occupancy of new and old Ballerup premises increasing building costs 8%

Revenue by geography

Revenue by product/service

Workforce by country

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