TANG HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 27292887
Klitrosevej 11, 3300 Frederiksværk
pt@petertang.eu
tel: 20740444

Credit rating

Company information

Official name
TANG HOLDING ApS
Personnel
1 person
Established
2003
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
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 earnings715.532 263.07-1 438.92119.841 979.27
Shareholders equity total8 693.1110 899.688 460.768 521.6910 400.97
Balance sheet total (assets)16 449.9718 671.2012 763.0613 118.1813 754.82
Net debt-8 659.78-10 985.45-7 942.56-8 209.80-10 369.60
Profitability
EBIT-%
ROA20.9 %19.9 %19.4 %14.8 %17.8 %
ROE8.6 %23.1 %-14.9 %1.4 %20.9 %
ROI20.9 %20.0 %19.5 %14.8 %17.9 %
Economic value added (EVA)- 130.74-73.68- 121.32- 336.10- 228.09
Solvency
Equity ratio52.8 %58.4 %66.3 %65.0 %75.6 %
Gearing88.3 %70.4 %50.4 %53.4 %31.6 %
Relative net indebtedness %
Liquidity
Quick ratio2.12.43.02.9200.4
Current ratio2.12.43.02.9200.4
Cash and cash equivalents16 338.2318 660.9112 204.1612 758.1013 654.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:17.8%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.6%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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