TAGE SØNDERGAARD HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 21521043
Højvangs Alle 3, 6700 Esbjerg
tel: 75131080
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Company information

Official name
TAGE SØNDERGAARD HOLDING A/S
Established
1998
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2017
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 earnings4 395.15-3 913.686 158.684 722.756 373.27
Shareholders equity total39 070.1034 156.4139 815.0943 537.8449 411.11
Balance sheet total (assets)43 300.0638 380.7644 185.1149 196.5654 075.62
Net debt-32 204.05-25 464.75-33 498.52-37 731.74-40 967.75
Profitability
EBIT-%
ROA13.7 %7.4 %19.1 %13.1 %16.2 %
ROE11.8 %-10.7 %16.7 %11.3 %13.7 %
ROI13.7 %7.4 %19.2 %13.2 %16.3 %
Economic value added (EVA)85.42170.8964.47190.35241.73
Solvency
Equity ratio90.2 %89.0 %90.1 %88.5 %91.4 %
Gearing10.7 %12.3 %9.9 %11.3 %9.4 %
Relative net indebtedness %
Liquidity
Quick ratio8.67.58.67.510.2
Current ratio8.67.58.67.510.2
Cash and cash equivalents36 394.0029 649.1037 447.8742 634.3345 592.26
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:16.2%
Rating: 68/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.4%
Rating: 72/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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