SØREN TANGGAARD A/S — Credit Rating and Financial Key Figures

CVR number: 13490201
Samsøvej 6, 3140 Ålsgårde
tel: 49707576
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Credit rating

Company information

Official name
SØREN TANGGAARD A/S
Established
1989
Company form
Limited company
Industry

About SØREN TANGGAARD A/S

SØREN TANGGAARD A/S (CVR number: 13490201) is a company from HELSINGØR. The company recorded a gross profit of 1726.4 kDKK in 2018. The operating profit was -76.5 kDKK, while net earnings were -131.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.2 %, which can be considered poor and Return on Equity (ROE) was -5.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 42.9 %, 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. SØREN TANGGAARD A/S's liquidity measured by quick ratio was 1.5 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
2018
Volume
Net sales
Gross profit2 168.122 259.411 726.40
EBIT329.45449.16-76.48
Net earnings216.84292.37- 131.13
Shareholders equity total2 232.472 524.842 393.71
Balance sheet total (assets)6 056.756 154.025 576.22
Net debt-1 120.53-1 150.52-1 193.68
Profitability
EBIT-%
ROA5.7 %7.5 %-1.2 %
ROE9.7 %12.3 %-5.3 %
ROI8.5 %10.8 %-1.6 %
Economic value added (EVA)248.62370.90-41.09
Solvency
Equity ratio37.4 %41.0 %42.9 %
Gearing79.4 %71.5 %80.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.51.5
Current ratio1.31.51.5
Cash and cash equivalents2 892.982 954.763 129.18
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBB

Variable visualization

ROA:-1.17%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.9%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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