Tange Energi ApS — Credit Rating and Financial Key Figures

CVR number: 34217971
Bjerrevej 113, 8850 Bjerringbro

Credit rating

Company information

Official name
Tange Energi ApS
Personnel
1 person
Established
2012
Company form
Private limited company
Industry
  • Expand more icon02Forestry and logging

About Tange Energi ApS

Tange Energi ApS (CVR number: 34217971) is a company from VIBORG. The company recorded a gross profit of 686.4 kDKK in 2024. The operating profit was 552.1 kDKK, while net earnings were 410.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 36 %, which can be considered excellent and Return on Equity (ROE) was 36.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 68.4 %, 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. Tange Energi ApS's liquidity measured by quick ratio was 2.5 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 profit618.20676.29778.09677.49686.39
EBIT421.16464.90578.25499.79552.12
Net earnings306.22342.00424.54379.70410.21
Shareholders equity total278.88620.881 045.421 425.12835.34
Balance sheet total (assets)1 210.731 408.441 840.001 895.921 221.37
Net debt21.45- 405.03- 775.34-1 142.82- 678.56
Profitability
EBIT-%
ROA40.3 %35.6 %36.0 %27.1 %36.0 %
ROE54.3 %76.0 %51.0 %30.7 %36.3 %
ROI51.1 %45.1 %42.7 %30.9 %42.4 %
Economic value added (EVA)335.31379.53466.50403.10409.43
Solvency
Equity ratio23.0 %44.1 %56.8 %75.2 %68.4 %
Gearing227.9 %85.8 %51.6 %19.1 %13.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.81.42.13.62.5
Current ratio1.01.62.24.02.6
Cash and cash equivalents614.15937.831 315.231 415.36788.39
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:36.0%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.4%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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