Tag-Forge ApS
Credit rating
Company information
About Tag-Forge ApS
Tag-Forge ApS (CVR number: 38831623) is a company from KØBENHAVN. The company recorded a gross profit of -0.5 kDKK in 2023. The operating profit was -0.5 kDKK, while net earnings were 0.4 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 0.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 49 %, 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. Tag-Forge ApS's liquidity measured by quick ratio was 2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 51.65 | 59.71 | -10.93 | 99.22 | -0.50 |
EBIT | 51.65 | 59.71 | -10.93 | 99.22 | -0.50 |
Net earnings | 40.25 | 46.44 | -13.63 | 79.92 | 0.39 |
Shareholders equity total | 57.31 | 103.75 | 30.13 | 110.04 | 45.43 |
Balance sheet total (assets) | 78.66 | 123.86 | 48.38 | 137.22 | 92.70 |
Net debt | -66.94 | - 112.92 | -29.39 | - 113.46 | -29.18 |
Profitability | |||||
EBIT-% | |||||
ROA | 60.9 % | 59.0 % | -12.7 % | 106.9 % | 0.4 % |
ROE | 108.3 % | 57.7 % | -20.4 % | 114.0 % | 0.5 % |
ROI | 123.8 % | 68.3 % | -14.7 % | 126.8 % | 0.6 % |
Economic value added (EVA) | 43.67 | 47.27 | -10.61 | 80.55 | 0.08 |
Solvency | |||||
Equity ratio | 72.9 % | 83.8 % | 62.3 % | 80.2 % | 49.0 % |
Gearing | 11.9 % | 6.6 % | 27.2 % | 7.4 % | 18.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.7 | 6.2 | 2.7 | 5.0 | 2.0 |
Current ratio | 3.7 | 6.2 | 2.7 | 5.0 | 2.0 |
Cash and cash equivalents | 73.78 | 119.76 | 37.58 | 121.65 | 37.37 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | B | B | B | B |
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