TANTEC A/S — Credit Rating and Financial Key Figures

CVR number: 67382218
Industrivej 6, 6640 Lunderskov
tel: 75586183

Credit rating

Company information

Official name
TANTEC A/S
Personnel
44 persons
Established
1982
Company form
Limited company
Industry
  • Expand more icon27Manufacture of electrical equipment

About TANTEC A/S

TANTEC A/S (CVR number: 67382218) is a company from KOLDING. The company recorded a gross profit of 44 mDKK in 2024. The operating profit was 13.9 mDKK, while net earnings were 11.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 28.1 %, which can be considered excellent and Return on Equity (ROE) was 69.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 52.2 %, 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. TANTEC A/S's liquidity measured by quick ratio was 5.5 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 profit39 474.0042 519.0049 596.0044 226.0044 049.00
EBIT20 991.0022 345.0026 647.0018 892.0013 886.00
Net earnings17 004.0018 945.0022 088.0016 695.0011 651.00
Shareholders equity total20 545.0024 247.0026 555.0018 710.0014 676.00
Balance sheet total (assets)39 563.0052 125.0062 720.0060 202.0049 941.00
Net debt1 746.004 111.007 919.0014 346.0016 317.00
Profitability
EBIT-%
ROA62.5 %52.3 %49.6 %35.8 %28.1 %
ROE99.7 %84.6 %87.0 %73.8 %69.8 %
ROI100.3 %84.1 %62.5 %38.6 %30.4 %
Economic value added (EVA)15 693.9116 475.2419 671.2213 035.869 415.78
Solvency
Equity ratio58.3 %55.7 %77.6 %59.3 %52.2 %
Gearing11.7 %22.9 %45.2 %85.2 %115.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.32.2-7.52.35.5
Current ratio2.21.919.62.13.5
Cash and cash equivalents653.001 453.004 077.001 594.00573.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:28.1%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.2%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member
Board member
Chairman of the board

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