TAGE NISSEN A/S — Credit Rating and Financial Key Figures

CVR number: 29632960
Mosevej 2, 6000 Kolding
tel: 75533102
Free credit report Annual report

Credit rating

Company information

Official name
TAGE NISSEN A/S
Personnel
4 persons
Established
2006
Company form
Limited company
Industry

About TAGE NISSEN A/S

TAGE NISSEN A/S (CVR number: 29632960) is a company from KOLDING. The company recorded a gross profit of 2511.1 kDKK in 2024. The operating profit was 638 kDKK, while net earnings were 402.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.1 %, which can be considered good but Return on Equity (ROE) was 26.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 27.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. TAGE NISSEN A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit2 533.002 992.003 121.003 167.002 511.11
EBIT519.00874.00690.00906.00638.02
Net earnings328.00608.00460.00637.00402.09
Shareholders equity total1 191.001 669.001 460.001 637.001 402.09
Balance sheet total (assets)5 099.005 671.005 003.005 463.005 118.19
Net debt2 326.001 830.002 135.001 870.002 163.59
Profitability
EBIT-%
ROA11.0 %16.2 %12.9 %17.3 %12.1 %
ROE32.0 %42.5 %29.4 %41.1 %26.5 %
ROI13.2 %20.7 %16.6 %21.6 %14.8 %
Economic value added (EVA)217.77483.49317.42505.73270.19
Solvency
Equity ratio23.4 %29.4 %29.2 %30.0 %27.4 %
Gearing224.3 %151.3 %163.4 %160.3 %188.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.20.90.90.6
Current ratio1.21.21.00.90.6
Cash and cash equivalents345.00696.00250.00754.00474.66
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:12.1%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.4%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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