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

TANGORA SOFTWARE A/S (CVR number: 20608234) is a company from RUDERSDAL. The company recorded a gross profit of 8801 kDKK in 2023. The operating profit was -208 kDKK, while net earnings were -73 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.6 %, which can be considered poor and Return on Equity (ROE) was -1.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 64.3 %, 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 2.6 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.