JENS TANG HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 27245242
Nybovej 27, 7500 Holstebro
kt@tangbiler.dk
Free credit report Annual report

Credit rating

Company information

Official name
JENS TANG HOLDING A/S
Established
2003
Company form
Limited company
Industry

About JENS TANG HOLDING A/S

JENS TANG HOLDING A/S (CVR number: 27245242) is a company from HOLSTEBRO. The company recorded a gross profit of -26.9 kDKK in 2024. The operating profit was -26.9 kDKK, while net earnings were 738.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11 %, which can be considered good but Return on Equity (ROE) was 16.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 53.6 %, 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. JENS TANG HOLDING A/S's liquidity measured by quick ratio was 2.2 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 profit-32.03-28.33-38.03-27.17-26.94
EBIT-32.03-28.33-38.03-27.17-26.94
Net earnings16.921 397.29-1 267.47473.76738.27
Shareholders equity total8 625.475 066.263 741.594 156.454 833.72
Balance sheet total (assets)12 435.708 866.357 603.948 180.919 017.24
Net debt-12 426.84-8 855.81-7 595.68-8 165.81-8 058.83
Profitability
EBIT-%
ROA0.7 %13.9 %0.2 %8.4 %11.0 %
ROE0.2 %20.4 %-28.8 %12.0 %16.4 %
ROI1.1 %21.6 %0.3 %16.8 %21.1 %
Economic value added (EVA)- 467.39- 461.76- 292.61- 215.19- 235.80
Solvency
Equity ratio69.4 %57.1 %49.2 %50.8 %53.6 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio3.32.32.02.02.2
Current ratio3.32.32.02.02.2
Cash and cash equivalents12 426.848 855.817 595.688 165.818 058.83
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:11.0%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.6%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member

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