TANG TØMRER OG SNEDKER ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TANG TØMRER OG SNEDKER ApS
TANG TØMRER OG SNEDKER ApS (CVR number: 33760639) is a company from ASSENS. The company recorded a gross profit of 660.6 kDKK in 2023. The operating profit was -126.2 kDKK, while net earnings were -133.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.3 %, which can be considered poor and Return on Equity (ROE) was -47 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24.1 %, 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. TANG TØMRER OG SNEDKER ApS'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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 596.32 | ||||
Gross profit | 1 363.45 | 1 634.59 | 2 111.04 | 1 066.25 | 660.61 |
EBIT | 142.73 | 81.79 | 144.55 | - 129.21 | - 126.24 |
Net earnings | 30.98 | 49.36 | 97.43 | - 121.85 | - 133.80 |
Shareholders equity total | 307.31 | 356.66 | 473.69 | 351.85 | 218.04 |
Balance sheet total (assets) | 725.60 | 1 258.19 | 1 479.22 | 1 142.33 | 906.09 |
Net debt | -78.18 | 51.03 | 338.38 | 322.94 | 346.41 |
Profitability | |||||
EBIT-% | 5.5 % | ||||
ROA | 15.3 % | 8.2 % | 10.6 % | -9.8 % | -12.3 % |
ROE | 8.5 % | 14.9 % | 23.5 % | -29.5 % | -47.0 % |
ROI | 31.7 % | 22.8 % | 23.8 % | -17.4 % | -20.4 % |
Economic value added (EVA) | 79.96 | 47.10 | 94.30 | - 125.03 | - 121.03 |
Solvency | |||||
Equity ratio | 42.4 % | 28.3 % | 32.0 % | 30.8 % | 24.1 % |
Gearing | 0.5 % | 14.3 % | 71.4 % | 91.8 % | 158.9 % |
Relative net indebtedness % | 13.0 % | ||||
Liquidity | |||||
Quick ratio | 0.7 | 0.9 | 0.9 | 0.7 | 0.6 |
Current ratio | 0.8 | 0.9 | 1.0 | 0.8 | 0.7 |
Cash and cash equivalents | 79.59 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 4.4 | ||||
Net working capital % | -3.2 % | ||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BBB |
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