THOMAS TANG THOMSEN HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 77104828
Ejstrupholmvej 32, 7330 Brande
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Credit rating

Company information

Official name
THOMAS TANG THOMSEN HOLDING A/S
Established
1985
Company form
Limited company
Industry

About THOMAS TANG THOMSEN HOLDING A/S

THOMAS TANG THOMSEN HOLDING A/S (CVR number: 77104828) is a company from IKAST-BRANDE. The company recorded a gross profit of 0 kDKK in 2017. The operating profit was -68.2 kDKK, while net earnings were -56.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.8 %, which can be considered weak but Return on Equity (ROE) was -1.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. THOMAS TANG THOMSEN HOLDING A/S's liquidity measured by quick ratio was 782.1 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
Volume
Net sales
Gross profit
EBIT-22.52-68.19
Net earnings243.37-56.68
Shareholders equity total5 237.165 077.08
Balance sheet total (assets)5 253.935 083.58
Net debt-5 150.42-5 059.30
Profitability
EBIT-%
ROA6.8 %2.8 %
ROE4.6 %-1.1 %
ROI6.8 %2.8 %
Economic value added (EVA)-17.56-52.77
Solvency
Equity ratio99.7 %99.9 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio313.3782.1
Current ratio313.3782.1
Cash and cash equivalents5 150.425 059.30
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:2.80%
Rating: 34/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.9%
Rating: 98/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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