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TANGORA SOFTWARE A/S — Credit Rating and Financial Key Figures

CVR number: 20608234
Agern Alle 5 A, 2970 Hørsholm
info@tangora.dk
tel: 72200310
www.tangora.dk
Free credit report Annual report

Credit rating

Company information

Official name
TANGORA SOFTWARE A/S
Personnel
11 persons
Established
1997
Company form
Limited company
Industry

About TANGORA SOFTWARE A/S

TANGORA SOFTWARE A/S (CVR number: 20608234) is a company from RUDERSDAL. The company recorded a gross profit of 8647 kDKK in 2024. The operating profit was -207 kDKK, while net earnings were -110 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.7 %, which can be considered poor and Return on Equity (ROE) was -2.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 64.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. TANGORA SOFTWARE A/S's liquidity measured by quick ratio was 2.2 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit10 665.0010 022.009 277.008 801.008 647.00
EBIT684.00320.00- 210.00- 208.00- 207.00
Net earnings804.00367.00- 204.00-73.00- 110.00
Shareholders equity total5 103.005 365.005 010.004 937.004 827.00
Balance sheet total (assets)9 083.008 096.007 916.007 679.007 461.00
Net debt-3 974.00-2 821.00-3 144.00-2 853.00-2 491.00
Profitability
EBIT-%
ROA8.5 %4.6 %-1.2 %-1.6 %-1.7 %
ROE17.1 %7.0 %-3.9 %-1.5 %-2.3 %
ROI13.0 %6.0 %-1.5 %-2.1 %-2.4 %
Economic value added (EVA)512.9668.71- 459.34- 437.67- 425.95
Solvency
Equity ratio56.2 %66.3 %63.3 %64.3 %64.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.82.92.62.62.2
Current ratio1.82.92.62.62.2
Cash and cash equivalents3 974.002 821.003 144.002 853.002 491.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:-1.73%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.7%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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