TAGE ANDERSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 21661902
Strandvænget 3, Husodde 8700 Horsens

Credit rating

Company information

Official name
TAGE ANDERSEN HOLDING ApS
Personnel
1 person
Established
1998
Domicile
Husodde
Company form
Private limited company
Industry

About TAGE ANDERSEN HOLDING ApS

TAGE ANDERSEN HOLDING ApS (CVR number: 21661902) is a company from HORSENS. The company recorded a gross profit of -64.8 kDKK in 2023. The operating profit was -691.5 kDKK, while net earnings were 2678.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.5 %, which can be considered good and Return on Equity (ROE) was 9.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 92 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TAGE ANDERSEN HOLDING ApS's liquidity measured by quick ratio was 7.1 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-29.86-29.50-33.52-47.22-64.80
EBIT- 589.68- 614.23- 632.20- 657.27- 691.51
Net earnings7 083.514 706.25-1 896.68-1 225.802 678.48
Shareholders equity total30 255.4834 361.7330 665.0527 739.2529 117.73
Balance sheet total (assets)31 302.6035 538.8831 848.1228 970.0131 640.19
Net debt-11 484.55-15 155.07-17 222.21-14 513.21-15 450.33
Profitability
EBIT-%
ROA32.4 %17.3 %-5.7 %-0.2 %11.5 %
ROE26.3 %14.6 %-5.8 %-4.2 %9.4 %
ROI32.5 %17.4 %-5.8 %-0.2 %11.5 %
Economic value added (EVA)-85.37- 283.96- 236.39-67.07-89.92
Solvency
Equity ratio96.7 %96.7 %96.3 %95.8 %92.0 %
Gearing3.2 %2.9 %3.7 %4.3 %8.1 %
Relative net indebtedness %
Liquidity
Quick ratio18.719.015.612.87.1
Current ratio18.719.015.612.87.1
Cash and cash equivalents12 463.8416 152.7018 370.4115 711.4517 813.40
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAA

Variable visualization

ROA:11.5%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.0%
Rating: 72/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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