TANG HOLDING, VEJLE ApS — Credit Rating and Financial Key Figures

CVR number: 31863376
Boelskilde 16, 7120 Vejle Øst

Credit rating

Company information

Official name
TANG HOLDING, VEJLE ApS
Established
2014
Company form
Private limited company
Industry

About TANG HOLDING, VEJLE ApS

TANG HOLDING, VEJLE ApS (CVR number: 31863376) is a company from VEJLE. The company recorded a gross profit of -8.8 kDKK in 2024. The operating profit was -8.8 kDKK, while net earnings were 585.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.4 %, which can be considered good and Return on Equity (ROE) was 10.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 97.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TANG HOLDING, VEJLE ApS's liquidity measured by quick ratio was 40.1 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-11.03-7.50-7.50-8.75-8.75
EBIT-11.03-7.50-7.50-8.75-8.75
Net earnings68.20724.47-1 448.711 190.15585.62
Shareholders equity total5 256.655 781.134 182.425 254.775 718.39
Balance sheet total (assets)5 322.865 987.764 440.575 336.575 864.50
Net debt-5 322.86-5 987.76-4 357.76-5 268.32-5 837.27
Profitability
EBIT-%
ROA2.6 %16.5 %7.1 %24.4 %12.4 %
ROE1.3 %13.1 %-29.1 %25.2 %10.7 %
ROI2.6 %16.9 %7.4 %25.3 %12.6 %
Economic value added (EVA)- 274.50- 269.99- 298.00- 218.92- 271.57
Solvency
Equity ratio98.8 %96.5 %94.2 %98.5 %97.5 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio80.429.017.265.240.1
Current ratio80.429.017.265.240.1
Cash and cash equivalents5 322.865 987.764 357.765 268.325 837.27
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:12.4%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.5%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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