TAGE BAGGER A/S — Credit Rating and Financial Key Figures

CVR number: 20262486
Uggeløse Bygade 114, 3540 Lynge
tel: 48189051

Company information

Official name
TAGE BAGGER A/S
Personnel
13 persons
Established
1997
Company form
Limited company
Industry

About TAGE BAGGER A/S

TAGE BAGGER A/S (CVR number: 20262486) is a company from ALLERØD. The company recorded a gross profit of 8046 kDKK in 2024. The operating profit was 1805 kDKK, while net earnings were 1452.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.3 %, which can be considered excellent and Return on Equity (ROE) was 29.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 59.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. TAGE BAGGER A/S's liquidity measured by quick ratio was 2 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 profit7 396.947 406.427 069.386 777.528 045.99
EBIT1 011.72994.681 069.251 031.151 805.03
Net earnings807.45780.91843.96823.181 452.78
Shareholders equity total5 187.724 968.634 812.604 635.785 088.56
Balance sheet total (assets)8 750.478 113.637 327.768 223.808 546.05
Net debt-2 460.41-2 184.29-1 494.26-1 124.83-1 842.88
Profitability
EBIT-%
ROA12.2 %12.2 %14.3 %13.9 %22.3 %
ROE15.3 %15.4 %17.3 %17.4 %29.9 %
ROI18.5 %19.3 %22.6 %22.9 %38.0 %
Economic value added (EVA)610.31662.69693.95637.131 227.62
Solvency
Equity ratio59.3 %61.2 %65.7 %56.4 %59.5 %
Gearing9.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.71.72.11.72.0
Current ratio2.02.02.52.02.3
Cash and cash equivalents2 944.632 184.291 494.261 124.831 842.88
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:22.3%
Rating: 77/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.5%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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