Tange Family ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Tange Family ApS
Tange Family ApS (CVR number: 40116958) is a company from FURESØ. The company recorded a gross profit of -32.8 kDKK in 2024. The operating profit was -32.8 kDKK, while net earnings were -515.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak but Return on Equity (ROE) was -15.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 29.9 %, 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. Tange Family 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -9.40 | -34.14 | -34.93 | -11.48 | -32.81 |
EBIT | -9.40 | -34.14 | -34.93 | -11.48 | -32.81 |
Net earnings | - 233.12 | 29 315.76 | -17 428.89 | -4 008.33 | - 515.25 |
Shareholders equity total | - 377.23 | 26 438.53 | 8 437.64 | 3 840.32 | 2 875.06 |
Balance sheet total (assets) | 6 670.79 | 34 034.89 | 16 082.35 | 11 283.68 | 9 619.10 |
Net debt | -51.87 | -34 034.89 | -15 890.88 | -11 058.56 | -6 973.22 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.6 % | 157.3 % | 1.1 % | 1.1 % | 0.8 % |
ROE | -3.5 % | 177.1 % | -99.9 % | -65.3 % | -15.3 % |
ROI | 0.6 % | 193.0 % | 1.6 % | 2.6 % | 2.5 % |
Economic value added (EVA) | -2.16 | -7.67 | -1 363.47 | - 435.72 | - 216.52 |
Solvency | |||||
Equity ratio | -5.4 % | 77.7 % | 52.5 % | 34.0 % | 29.9 % |
Gearing | 0.1 % | 0.1 % | 0.2 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 6.4 | 4.5 | 2.1 | 1.5 | 1.4 |
Current ratio | 6.4 | 4.5 | 2.1 | 1.5 | 1.4 |
Cash and cash equivalents | 51.87 | 34 034.89 | 15 895.88 | 11 063.56 | 6 979.98 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BB | BB | BBB |
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