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

CVR number: 27245242
Nybovej 27, 7500 Holstebro
kt@tangbiler.dk

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 -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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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 earnings1 629.9616.921 397.29-1 267.47473.76
Shareholders equity total8 663.858 625.475 066.263 741.594 156.45
Balance sheet total (assets)12 399.5912 435.708 866.357 603.948 180.91
Net debt-12 392.03-12 426.84-8 855.81-7 595.68-8 165.81
Profitability
EBIT-%
ROA14.7 %0.7 %13.9 %0.2 %8.4 %
ROE20.7 %0.2 %20.4 %-28.8 %12.0 %
ROI21.6 %1.1 %21.6 %0.3 %16.8 %
Economic value added (EVA)154.43155.31162.69152.40166.50
Solvency
Equity ratio69.9 %69.4 %57.1 %49.2 %50.8 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio3.33.32.32.02.0
Current ratio3.33.32.32.02.0
Cash and cash equivalents12 392.0312 426.848 855.817 595.688 165.81
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:8.40%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.8%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member

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