JENS TANG HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 -27.2 kDKK in 2023. The operating profit was -27.2 kDKK, while net earnings were 473.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.4 %, which can be considered good and Return on Equity (ROE) was 12 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 50.8 %, 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 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -30.80 | -32.03 | -28.33 | -38.03 | -27.17 |
EBIT | -30.80 | -32.03 | -28.33 | -38.03 | -27.17 |
Net earnings | 1 629.96 | 16.92 | 1 397.29 | -1 267.47 | 473.76 |
Shareholders equity total | 8 663.85 | 8 625.47 | 5 066.26 | 3 741.59 | 4 156.45 |
Balance sheet total (assets) | 12 399.59 | 12 435.70 | 8 866.35 | 7 603.94 | 8 180.91 |
Net debt | -12 392.03 | -12 426.84 | -8 855.81 | -7 595.68 | -8 165.81 |
Profitability | |||||
EBIT-% | |||||
ROA | 14.7 % | 0.7 % | 13.9 % | 0.2 % | 8.4 % |
ROE | 20.7 % | 0.2 % | 20.4 % | -28.8 % | 12.0 % |
ROI | 21.6 % | 1.1 % | 21.6 % | 0.3 % | 16.8 % |
Economic value added (EVA) | 154.43 | 155.31 | 162.69 | 152.40 | 166.50 |
Solvency | |||||
Equity ratio | 69.9 % | 69.4 % | 57.1 % | 49.2 % | 50.8 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.3 | 3.3 | 2.3 | 2.0 | 2.0 |
Current ratio | 3.3 | 3.3 | 2.3 | 2.0 | 2.0 |
Cash and cash equivalents | 12 392.03 | 12 426.84 | 8 855.81 | 7 595.68 | 8 165.81 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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