TANG HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TANG HOLDING ApS
TANG HOLDING ApS (CVR number: 27292887) is a company from GRIBSKOV. The company recorded a gross profit of -57.8 kDKK in 2024. The operating profit was -482.3 kDKK, while net earnings were 1979.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.8 %, which can be considered excellent and Return on Equity (ROE) was 20.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 75.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. TANG HOLDING ApS's liquidity measured by quick ratio was 200.4 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -76.07 | -58.74 | -87.90 | -76.28 | -57.85 |
| EBIT | - 499.93 | - 482.61 | - 511.90 | - 500.30 | - 482.33 |
| Net earnings | 715.53 | 2 263.07 | -1 438.92 | 119.84 | 1 979.27 |
| Shareholders equity total | 8 693.11 | 10 899.68 | 8 460.76 | 8 521.69 | 10 400.97 |
| Balance sheet total (assets) | 16 449.97 | 18 671.20 | 12 763.06 | 13 118.18 | 13 754.82 |
| Net debt | -8 659.78 | -10 985.45 | -7 942.56 | -8 209.80 | -10 369.60 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 20.9 % | 19.9 % | 19.4 % | 14.8 % | 17.8 % |
| ROE | 8.6 % | 23.1 % | -14.9 % | 1.4 % | 20.9 % |
| ROI | 20.9 % | 20.0 % | 19.5 % | 14.8 % | 17.9 % |
| Economic value added (EVA) | - 130.74 | -73.68 | - 121.32 | - 336.10 | - 228.09 |
| Solvency | |||||
| Equity ratio | 52.8 % | 58.4 % | 66.3 % | 65.0 % | 75.6 % |
| Gearing | 88.3 % | 70.4 % | 50.4 % | 53.4 % | 31.6 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.1 | 2.4 | 3.0 | 2.9 | 200.4 |
| Current ratio | 2.1 | 2.4 | 3.0 | 2.9 | 200.4 |
| Cash and cash equivalents | 16 338.23 | 18 660.91 | 12 204.16 | 12 758.10 | 13 654.82 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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