AFC TANG ApS — Credit Rating and Financial Key Figures

CVR number: 35252509
Ildervej 10, 8270 Højbjerg

Company information

Official name
AFC TANG ApS
Personnel
2 persons
Established
2013
Company form
Private limited company
Industry

About AFC TANG ApS

AFC TANG ApS (CVR number: 35252509) is a company from AARHUS. The company reported a net sales of 9 mDKK in 2024, demonstrating a growth of 2.6 % compared to the previous year. The operating profit percentage was at 60.6 % (EBIT: 5.5 mDKK), while net earnings were 1327 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak and Return on Equity (ROE) was 2.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 27 %, 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. AFC TANG ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales7 572.478 478.068 724.608 816.269 045.80
Gross profit15 523.2835 992.34-2 212.353 827.985 716.12
EBIT15 323.2035 762.34-2 442.353 597.985 486.12
Net earnings9 678.3125 529.5435.8495.391 326.99
Shareholders equity total35 266.0860 695.6260 631.4660 626.8561 853.83
Balance sheet total (assets)208 642.85240 178.43231 901.59230 098.80229 157.63
Net debt154 084.04152 916.76145 129.16145 447.60143 343.28
Profitability
EBIT-%202.4 %421.8 %-28.0 %40.8 %60.6 %
ROA8.0 %15.9 %1.3 %1.6 %2.4 %
ROE31.8 %53.2 %0.1 %0.2 %2.2 %
ROI8.1 %16.0 %1.4 %1.6 %2.4 %
Economic value added (EVA)3 444.8417 645.12-13 705.98-8 498.38-7 013.32
Solvency
Equity ratio16.9 %25.3 %26.1 %26.3 %27.0 %
Gearing437.0 %252.0 %239.4 %240.0 %231.8 %
Relative net indebtedness %2096.5 %1866.6 %1742.9 %1710.7 %1645.6 %
Liquidity
Quick ratio0.00.00.00.00.0
Current ratio0.00.00.00.00.0
Cash and cash equivalents21.6614.0847.5238.7435.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-333.3 %-272.2 %-268.3 %-259.3 %-234.8 %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:2.39%
Rating: 32/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.0%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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