TAG A/S — Credit Rating and Financial Key Figures

CVR number: 27912346
Park Allé 295, 2605 Brøndby
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Company information

Official name
TAG A/S
Established
2004
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
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 earnings18.001 706.57279.63490.1521 983.65
Shareholders equity total1 314.003 019.951 799.581 789.732 273.38
Balance sheet total (assets)1 332.003 029.431 809.242 302.592 283.95
Net debt- 638.00-1 215.55- 216.35- 438.54- 186.04
Profitability
EBIT-%
ROA1.4 %79.3 %12.1 %24.2 %960.5 %
ROE1.4 %78.8 %11.6 %27.3 %1082.1 %
ROI1.4 %79.5 %12.2 %24.3 %965.4 %
Economic value added (EVA)-24.11-25.52- 109.81-76.437.61
Solvency
Equity ratio98.6 %99.7 %99.5 %77.7 %99.5 %
Gearing0.0 %27.9 %
Relative net indebtedness %
Liquidity
Quick ratio896.0313.9157.63.0216.1
Current ratio896.0313.9157.63.0216.1
Cash and cash equivalents638.001 216.73216.35938.54186.04
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAAABB

Variable visualization

ROA:960.5%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.5%
Rating: 93/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

Companies in the same industry

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