TANG HOLDING 2012 ApS — Credit Rating and Financial Key Figures

CVR number: 34625247
Kirkevej 12, 7130 Juelsminde
ht@hhe.gl
tel: 20206263

Credit rating

Company information

Official name
TANG HOLDING 2012 ApS
Established
2012
Company form
Private limited company
Industry

About TANG HOLDING 2012 ApS

TANG HOLDING 2012 ApS (CVR number: 34625247) is a company from HEDENSTED. The company reported a net sales of 0.5 mDKK in 2024, demonstrating a growth of 135.8 % compared to the previous year. The operating profit percentage was at 98.8 % (EBIT: 0.5 mDKK), while net earnings were 505.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12 %, which can be considered good and Return on Equity (ROE) was 12 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TANG HOLDING 2012 ApS's liquidity measured by quick ratio was 3.4 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales354.79257.4775.85216.82511.31
Gross profit349.96250.6267.18207.71505.39
EBIT349.96250.6267.18207.71505.39
Net earnings346.66247.4165.05207.76505.48
Shareholders equity total3 844.973 892.383 832.433 950.194 455.67
Balance sheet total (assets)3 866.153 913.563 853.613 971.374 476.85
Net debt- 397.15- 312.09- 176.30-77.24-71.41
Profitability
EBIT-%98.6 %97.3 %88.6 %95.8 %98.8 %
ROA9.0 %6.4 %1.7 %5.3 %12.0 %
ROE9.0 %6.4 %1.7 %5.3 %12.0 %
ROI9.1 %6.5 %1.7 %5.3 %12.0 %
Economic value added (EVA)156.5957.41- 128.4115.13306.90
Solvency
Equity ratio99.5 %99.5 %99.5 %99.5 %99.5 %
Gearing
Relative net indebtedness %-106.0 %-113.0 %-204.5 %-25.9 %-9.8 %
Liquidity
Quick ratio18.814.78.33.63.4
Current ratio18.814.78.33.63.4
Cash and cash equivalents397.15312.09176.3077.2471.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %106.0 %113.0 %204.5 %25.9 %9.8 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:12.0%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.5%
Rating: 93/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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