TAGPAP GRUPPEN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TAGPAP GRUPPEN ApS
TAGPAP GRUPPEN ApS (CVR number: 36536403) is a company from HELSINGØR. The company recorded a gross profit of 506.2 kDKK in 2023. The operating profit was -9.2 kDKK, while net earnings were -33.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.3 %, which can be considered poor and Return on Equity (ROE) was -12.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 41.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. TAGPAP GRUPPEN 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 | |||||
Gross profit | 30.42 | -72.63 | 371.73 | 28.64 | 506.22 |
EBIT | 17.68 | -77.17 | 371.73 | -30.90 | -9.19 |
Net earnings | 12.60 | -60.41 | 288.67 | -31.42 | -33.14 |
Shareholders equity total | 85.78 | 25.37 | 314.05 | 282.63 | 249.49 |
Balance sheet total (assets) | 230.57 | 531.07 | 1 113.92 | 823.42 | 600.70 |
Net debt | - 122.98 | 346.52 | -21.43 | - 194.81 | - 106.73 |
Profitability | |||||
EBIT-% | |||||
ROA | 7.8 % | -20.3 % | 45.2 % | -3.1 % | -1.3 % |
ROE | 15.8 % | -108.7 % | 170.1 % | -10.5 % | -12.5 % |
ROI | 13.0 % | -25.2 % | 58.6 % | -5.6 % | -3.5 % |
Economic value added (EVA) | 15.95 | -55.37 | 295.02 | -20.24 | -10.94 |
Solvency | |||||
Equity ratio | 37.2 % | 4.8 % | 28.2 % | 34.3 % | 41.5 % |
Gearing | 71.1 % | 1732.1 % | 156.2 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.3 | 0.2 | 0.8 | 0.5 | 0.6 |
Current ratio | 1.3 | 0.2 | 0.8 | 0.5 | 0.6 |
Cash and cash equivalents | 183.96 | 92.97 | 511.87 | 194.81 | 106.73 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BB | BB |
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