TAG A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TAG A/S
TAG A/S (CVR number: 27912346) is a company from BRØNDBY. The company recorded a gross profit of -9.4 kDKK in 2022. The operating profit was -24.8 kDKK, while net earnings were 22 mDKK. The profitability of the company measured by Return on Assets (ROA) was 960.5 %, which can be considered excellent and Return on Equity (ROE) was 1082.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TAG A/S's liquidity measured by quick ratio was 216.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -8.00 | -9.00 | -7.95 | -9.25 | -9.38 |
EBIT | -16.00 | -17.25 | -28.15 | -24.20 | -24.82 |
Net earnings | 18.00 | 1 706.57 | 279.63 | 490.15 | 21 983.65 |
Shareholders equity total | 1 314.00 | 3 019.95 | 1 799.58 | 1 789.73 | 2 273.38 |
Balance sheet total (assets) | 1 332.00 | 3 029.43 | 1 809.24 | 2 302.59 | 2 283.95 |
Net debt | - 638.00 | -1 215.55 | - 216.35 | - 438.54 | - 186.04 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.4 % | 79.3 % | 12.1 % | 24.2 % | 960.5 % |
ROE | 1.4 % | 78.8 % | 11.6 % | 27.3 % | 1082.1 % |
ROI | 1.4 % | 79.5 % | 12.2 % | 24.3 % | 965.4 % |
Economic value added (EVA) | -24.11 | -25.52 | - 109.81 | -76.43 | 7.61 |
Solvency | |||||
Equity ratio | 98.6 % | 99.7 % | 99.5 % | 77.7 % | 99.5 % |
Gearing | 0.0 % | 27.9 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 896.0 | 313.9 | 157.6 | 3.0 | 216.1 |
Current ratio | 896.0 | 313.9 | 157.6 | 3.0 | 216.1 |
Cash and cash equivalents | 638.00 | 1 216.73 | 216.35 | 938.54 | 186.04 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | A | AA | BB |
Variable visualization
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