TAGPAP DK ApS — Credit Rating and Financial Key Figures

CVR number: 29449619
Tvindelstrupvej 27, Tvindelstrup 4100 Ringsted
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Credit rating

Company information

Official name
TAGPAP DK ApS
Personnel
1 person
Established
2006
Domicile
Tvindelstrup
Company form
Private limited company
Industry

About TAGPAP DK ApS

TAGPAP DK ApS (CVR number: 29449619) is a company from RINGSTED. The company reported a net sales of 2.4 mDKK in 2024, demonstrating a growth of 52.6 % compared to the previous year. The operating profit percentage was at 2.2 % (EBIT: 0.1 mDKK), while net earnings were 35.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.8 %, which can be considered weak and Return on Equity (ROE) was 2.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 68.8 %, 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. TAGPAP DK ApS's liquidity measured by quick ratio was 3.2 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales2 517.782 274.242 479.871 563.472 386.61
Gross profit1 290.501 011.751 140.97472.13706.18
EBIT646.85329.37495.35- 197.3851.38
Net earnings497.27227.40407.90- 174.0635.18
Shareholders equity total1 502.061 672.962 023.661 790.701 164.89
Balance sheet total (assets)2 016.271 803.572 271.381 941.011 694.00
Net debt-1 187.12- 981.67-1 606.96-1 231.35- 997.82
Profitability
EBIT-%25.7 %14.5 %20.0 %-12.6 %2.2 %
ROA35.7 %17.2 %24.3 %-9.4 %2.8 %
ROE38.8 %14.3 %22.1 %-9.1 %2.4 %
ROI50.4 %20.7 %26.7 %-10.3 %3.4 %
Economic value added (EVA)450.78158.48332.49- 256.32-53.65
Solvency
Equity ratio74.5 %92.8 %89.1 %92.3 %68.8 %
Gearing0.1 %
Relative net indebtedness %-26.8 %-37.8 %-55.2 %-69.3 %-21.3 %
Liquidity
Quick ratio3.312.38.511.73.2
Current ratio3.312.58.611.83.2
Cash and cash equivalents1 187.12981.671 606.961 233.34997.82
Capital use efficiency
Trade debtors turnover (days)20.432.313.725.264.2
Net working capital %46.9 %62.0 %73.3 %104.2 %46.0 %
Credit risk
Credit ratingABBBABBBBBB

Variable visualization

ROA:2.83%
Rating: 34/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.8%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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