TANGORA SOFTWARE INTERNATIONAL ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TANGORA SOFTWARE INTERNATIONAL ApS
TANGORA SOFTWARE INTERNATIONAL ApS (CVR number: 31778131) is a company from RUDERSDAL. The company recorded a gross profit of -8 kDKK in 2023. The operating profit was -8 kDKK, while net earnings were -7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11.4 %, which can be considered poor and Return on Equity (ROE) was -17.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 52.9 %, 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. TANGORA SOFTWARE INTERNATIONAL ApS's liquidity measured by quick ratio was 2.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -6.00 | -7.00 | -7.00 | -7.00 | -8.00 |
EBIT | -6.00 | -7.00 | -7.00 | -7.00 | -8.00 |
Net earnings | -7.00 | -6.00 | -8.00 | -7.00 | -7.00 |
Shareholders equity total | 65.00 | 59.00 | 51.00 | 44.00 | 37.00 |
Balance sheet total (assets) | 76.00 | 73.00 | 72.00 | 70.00 | 70.00 |
Net debt | -59.00 | -55.00 | -47.00 | -42.00 | -35.00 |
Profitability | |||||
EBIT-% | |||||
ROA | -5.9 % | -9.4 % | -9.7 % | -9.9 % | -11.4 % |
ROE | -10.2 % | -9.7 % | -14.5 % | -14.7 % | -17.3 % |
ROI | -5.9 % | -9.4 % | -9.7 % | -9.9 % | -11.4 % |
Economic value added (EVA) | -2.19 | -5.00 | -5.10 | -4.59 | -5.02 |
Solvency | |||||
Equity ratio | 85.5 % | 80.8 % | 70.8 % | 62.9 % | 52.9 % |
Gearing | 16.9 % | 23.7 % | 41.2 % | 59.1 % | 89.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 6.9 | 5.2 | 3.4 | 2.7 | 2.1 |
Current ratio | 6.9 | 5.2 | 3.4 | 2.7 | 2.1 |
Cash and cash equivalents | 70.00 | 69.00 | 68.00 | 68.00 | 68.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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