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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 2024. The operating profit was -8 kDKK, while net earnings were -10 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11.6 %, which can be considered poor and Return on Equity (ROE) was -31.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 39.7 %, 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. TANGORA SOFTWARE INTERNATIONAL ApS's liquidity measured by quick ratio was 1.7 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -7.00 | -7.00 | -7.00 | -8.00 | -8.00 |
| EBIT | -7.00 | -7.00 | -7.00 | -8.00 | -8.00 |
| Net earnings | -6.00 | -8.00 | -7.00 | -7.00 | -10.00 |
| Shareholders equity total | 59.00 | 51.00 | 44.00 | 37.00 | 27.00 |
| Balance sheet total (assets) | 73.00 | 72.00 | 70.00 | 70.00 | 68.00 |
| Net debt | -55.00 | -47.00 | -42.00 | -35.00 | -27.00 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -9.4 % | -9.7 % | -9.9 % | -11.4 % | -11.6 % |
| ROE | -9.7 % | -14.5 % | -14.7 % | -17.3 % | -31.3 % |
| ROI | -9.4 % | -9.7 % | -9.9 % | -11.4 % | -11.6 % |
| Economic value added (EVA) | -9.07 | -9.27 | -9.06 | -9.74 | -11.52 |
| Solvency | |||||
| Equity ratio | 80.8 % | 70.8 % | 62.9 % | 52.9 % | 39.7 % |
| Gearing | 23.7 % | 41.2 % | 59.1 % | 89.2 % | 151.9 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 5.2 | 3.4 | 2.7 | 2.1 | 1.7 |
| Current ratio | 5.2 | 3.4 | 2.7 | 2.1 | 1.7 |
| Cash and cash equivalents | 69.00 | 68.00 | 68.00 | 68.00 | 68.00 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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