TANGOTECH ApS — Credit Rating and Financial Key Figures

TANGOTECH ApS (CVR number: 30236009) is a company from HEDENSTED. The company recorded a gross profit of 343.7 kDKK in 2024. The operating profit was 136.2 kDKK, while net earnings were -338.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -54.1 %, which can be considered poor and Return on Equity (ROE) was -91.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 57.5 %, 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. TANGOTECH ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.