TAGE SØNDERGAARD HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TAGE SØNDERGAARD HOLDING A/S
TAGE SØNDERGAARD HOLDING A/S (CVR number: 21521043) is a company from ESBJERG. The company recorded a gross profit of -54.7 kDKK in 2021. The operating profit was -54.7 kDKK, while net earnings were 6373.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.2 %, which can be considered excellent but Return on Equity (ROE) was 13.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 91.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TAGE SØNDERGAARD HOLDING A/S's liquidity measured by quick ratio was 10.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -93.09 | -44.38 | -62.55 | -37.55 | -54.72 |
EBIT | -93.09 | -44.38 | -62.55 | -37.55 | -54.72 |
Net earnings | 4 395.15 | -3 913.68 | 6 158.68 | 4 722.75 | 6 373.27 |
Shareholders equity total | 39 070.10 | 34 156.41 | 39 815.09 | 43 537.84 | 49 411.11 |
Balance sheet total (assets) | 43 300.06 | 38 380.76 | 44 185.11 | 49 196.56 | 54 075.62 |
Net debt | -32 204.05 | -25 464.75 | -33 498.52 | -37 731.74 | -40 967.75 |
Profitability | |||||
EBIT-% | |||||
ROA | 13.7 % | 7.4 % | 19.1 % | 13.1 % | 16.2 % |
ROE | 11.8 % | -10.7 % | 16.7 % | 11.3 % | 13.7 % |
ROI | 13.7 % | 7.4 % | 19.2 % | 13.2 % | 16.3 % |
Economic value added (EVA) | 85.42 | 170.89 | 64.47 | 190.35 | 241.73 |
Solvency | |||||
Equity ratio | 90.2 % | 89.0 % | 90.1 % | 88.5 % | 91.4 % |
Gearing | 10.7 % | 12.3 % | 9.9 % | 11.3 % | 9.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 8.6 | 7.5 | 8.6 | 7.5 | 10.2 |
Current ratio | 8.6 | 7.5 | 8.6 | 7.5 | 10.2 |
Cash and cash equivalents | 36 394.00 | 29 649.10 | 37 447.87 | 42 634.33 | 45 592.26 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | A | AA | AA | A |
Variable visualization
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