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TANGENS ApS — Credit Rating and Financial Key Figures

CVR number: 32786839
Nøddelunden 6, 8960 Randers SØ
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Credit rating

Company information

Official name
TANGENS ApS
Established
2010
Company form
Private limited company
Industry

About TANGENS ApS

TANGENS ApS (CVR number: 32786839) is a company from RANDERS. The company recorded a gross profit of -12.7 kDKK in 2025. The operating profit was -12.7 kDKK, while net earnings were 1066.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.4 %, which can be considered excellent and Return on Equity (ROE) was 25.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TANGENS ApS's liquidity measured by quick ratio was 318.9 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
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit-10.38-10.25-10.88-12.18-12.73
EBIT-10.38-10.25-10.88-12.18-12.73
Net earnings426.91802.281 175.50957.911 066.10
Shareholders equity total1 998.892 686.773 744.473 952.384 518.48
Balance sheet total (assets)2 194.232 693.863 751.563 959.474 527.81
Net debt- 341.31- 927.61-1 980.10-2 393.75-1 917.83
Profitability
EBIT-%
ROA20.6 %36.1 %36.5 %24.8 %25.4 %
ROE23.2 %34.2 %36.6 %24.9 %25.2 %
ROI20.6 %36.2 %36.6 %24.9 %25.5 %
Economic value added (EVA)- 113.20- 120.15- 145.88- 200.34- 211.34
Solvency
Equity ratio91.1 %99.7 %99.8 %99.8 %99.8 %
Gearing9.4 %
Relative net indebtedness %
Liquidity
Quick ratio2.7131.7280.9339.3318.9
Current ratio2.7131.7280.9339.3318.9
Cash and cash equivalents529.55927.611 980.102 393.751 917.83
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAAAAAA

Variable visualization

ROA:25.4%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:99.8%
Rating: 97/100
-1%
21%
50%
81%
99%
100%
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