TANG HOLDING 2014 ApS — Credit Rating and Financial Key Figures

CVR number: 36064226
Vejlsøvej 51, 8600 Silkeborg

Company information

Official name
TANG HOLDING 2014 ApS
Established
2014
Company form
Private limited company
Industry

About TANG HOLDING 2014 ApS

TANG HOLDING 2014 ApS (CVR number: 36064226) is a company from SILKEBORG. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a decline of -85.6 % compared to the previous year. The operating profit percentage was at 73.7 % (EBIT: 0.1 mDKK), while net earnings were 198.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak and Return on Equity (ROE) was 2.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 94.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TANG HOLDING 2014 ApS's liquidity measured by quick ratio was 14.7 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
2019
2020
2021
2022
2023
Volume
Net sales788.78572.47465.42530.0876.20
Gross profit777.62564.42450.04513.0956.17
EBIT777.62564.42450.04513.0956.17
Net earnings965.961 726.491 696.38- 254.22198.79
Shareholders equity total5 337.806 953.698 537.078 168.458 249.44
Balance sheet total (assets)6 139.058 082.069 270.808 188.218 725.00
Net debt-3 549.44-5 574.85-7 309.78-6 266.08-5 866.95
Profitability
EBIT-%98.6 %98.6 %96.7 %96.8 %73.7 %
ROA18.1 %29.5 %23.9 %6.9 %3.8 %
ROE19.7 %28.1 %21.9 %-3.0 %2.4 %
ROI18.1 %29.6 %23.9 %6.9 %3.8 %
Economic value added (EVA)562.04166.11-33.00- 100.74- 363.37
Solvency
Equity ratio86.9 %86.0 %92.1 %99.8 %94.5 %
Gearing14.8 %16.1 %8.4 %0.2 %5.7 %
Relative net indebtedness %-448.6 %-972.1 %-1567.0 %-1180.9 %-7691.3 %
Liquidity
Quick ratio5.66.111.1330.114.7
Current ratio5.66.111.1330.114.7
Cash and cash equivalents4 339.776 693.228 027.006 279.256 336.26
Capital use efficiency
Trade debtors turnover (days)
Net working capital %326.8 %-58.4 %-113.2 %1227.1 %3290.5 %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:3.75%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.5%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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