TANLANGE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TANLANGE ApS
TANLANGE ApS (CVR number: 33382707) is a company from FREDENSBORG. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a growth of 36.1 % compared to the previous year. The operating profit percentage was at 0.8 % (EBIT: 0 mDKK), while net earnings were 0.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak and Return on Equity (ROE) was 1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 26.2 %, 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. TANLANGE ApS's liquidity measured by quick ratio was 1.4 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.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 83.90 | 33.99 | 52.17 | 63.19 | 85.97 |
Gross profit | 46.76 | 0.99 | 5.68 | 3.19 | 7.97 |
EBIT | 8.52 | 0.99 | 5.68 | 3.19 | 0.68 |
Net earnings | 0.77 | 0.99 | 4.23 | 0.82 | 0.53 |
Shareholders equity total | 44.78 | 45.28 | 50.56 | 51.59 | 52.27 |
Balance sheet total (assets) | 151.36 | 195.01 | 50.56 | 111.59 | 199.53 |
Net debt | - 151.36 | - 195.01 | -50.56 | - 111.59 | - 199.53 |
Profitability | |||||
EBIT-% | 10.2 % | 2.9 % | 10.9 % | 5.0 % | 0.8 % |
ROA | 2.6 % | 0.6 % | 5.0 % | 3.9 % | 0.4 % |
ROE | 1.7 % | 2.2 % | 8.8 % | 1.6 % | 1.0 % |
ROI | 3.6 % | 2.2 % | 11.0 % | 6.2 % | 1.3 % |
Economic value added (EVA) | -12.94 | -1.26 | 2.27 | 0.65 | -1.91 |
Solvency | |||||
Equity ratio | 29.6 % | 23.2 % | 100.0 % | 46.2 % | 26.2 % |
Gearing | |||||
Relative net indebtedness % | -53.4 % | -133.2 % | -96.9 % | -81.6 % | -60.8 % |
Liquidity | |||||
Quick ratio | 1.4 | 1.3 | 1.9 | 1.4 | |
Current ratio | 1.4 | 1.3 | 1.9 | 1.4 | |
Cash and cash equivalents | 151.36 | 195.01 | 50.56 | 111.59 | 199.53 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 53.4 % | 133.2 % | 96.9 % | 81.6 % | 60.8 % |
Credit risk | |||||
Credit rating | BBB | BB | B | BB | BB |
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