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

CVR number: 31863376
Boelskilde 16, 7120 Vejle Øst

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 2023. The operating profit was -8.8 kDKK, while net earnings were 1190.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.4 %, which can be considered excellent and Return on Equity (ROE) was 25.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 98.5 %, 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 65.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-14.30-11.03-7.50-7.50-8.75
EBIT-14.30-11.03-7.50-7.50-8.75
Net earnings511.7068.20724.47-1 448.711 190.15
Shareholders equity total5 299.065 256.655 781.134 182.425 254.77
Balance sheet total (assets)5 371.845 322.865 987.764 440.575 336.57
Net debt-5 371.84-5 322.86-5 987.76-4 357.76-5 268.32
Profitability
EBIT-%
ROA12.9 %2.6 %16.5 %7.1 %24.4 %
ROE10.1 %1.3 %13.1 %-29.1 %25.2 %
ROI13.0 %2.6 %16.9 %7.4 %25.3 %
Economic value added (EVA)-14.74-4.56-2.522.880.06
Solvency
Equity ratio98.6 %98.8 %96.5 %94.2 %98.5 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio73.880.429.017.265.2
Current ratio73.880.429.017.265.2
Cash and cash equivalents5 371.845 322.865 987.764 357.765 268.32
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBA

Variable visualization

ROA:24.4%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.5%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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