Tag Fat ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Tag Fat ApS
Tag Fat ApS (CVR number: 40934219) is a company from KØBENHAVN. The company recorded a gross profit of 606.9 kDKK in 2024. The operating profit was -54.4 kDKK, while net earnings were -42.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -36.6 %, which can be considered poor and Return on Equity (ROE) was -51.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -10.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Tag Fat ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 720.16 | 1 586.24 | 1 171.19 | 270.82 | 606.92 |
EBIT | 45.69 | -34.30 | -22.87 | 1.17 | -54.41 |
Net earnings | 32.79 | -28.71 | -18.31 | 0.93 | -42.28 |
Shareholders equity total | 72.79 | 44.08 | 25.77 | 26.70 | -15.58 |
Balance sheet total (assets) | 459.78 | 309.79 | 198.60 | 143.04 | 137.23 |
Net debt | - 244.93 | - 129.06 | 16.68 | -2.48 | 56.37 |
Profitability | |||||
EBIT-% | |||||
ROA | 10.0 % | -8.9 % | -9.0 % | 0.7 % | -36.6 % |
ROE | 45.1 % | -49.1 % | -52.4 % | 3.5 % | -51.6 % |
ROI | 24.4 % | -20.6 % | -16.3 % | 1.0 % | -58.7 % |
Economic value added (EVA) | 32.80 | -13.43 | -8.60 | 4.60 | -40.37 |
Solvency | |||||
Equity ratio | 15.8 % | 14.2 % | 13.0 % | 18.7 % | -10.2 % |
Gearing | 158.9 % | 228.4 % | 429.4 % | 245.9 % | -589.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 0.9 | 0.8 | 0.9 | 0.6 |
Current ratio | 1.0 | 0.9 | 0.8 | 0.9 | 0.6 |
Cash and cash equivalents | 360.59 | 229.72 | 93.98 | 68.15 | 35.44 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
Variable visualization
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