Tang + Krogh Ejendomme ApS — Credit Rating and Financial Key Figures

CVR number: 37836214
Søndergade 1 B, 8000 Aarhus C

Company information

Official name
Tang + Krogh Ejendomme ApS
Personnel
7 persons
Established
2016
Company form
Private limited company
Industry

About Tang + Krogh Ejendomme ApS

Tang + Krogh Ejendomme ApS (CVR number: 37836214) is a company from AARHUS. The company reported a net sales of 31.1 mDKK in 2024, demonstrating a growth of 0.9 % compared to the previous year. The operating profit percentage was poor at -11.8 % (EBIT: -3.7 mDKK), while net earnings were -14 mDKK. The profitability of the company measured by Return on Assets (ROA) was -0.9 %, which can be considered poor and Return on Equity (ROE) was -5.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 37.1 %, 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. Tang + Krogh Ejendomme ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales32.9132.1629.6530.8331.12
Gross profit39.5383.8712.20-10.35-0.65
EBIT35.4679.388.01-13.32-3.68
Net earnings21.0056.931.12-20.44-14.05
Shareholders equity total238.27295.00295.86273.92257.87
Balance sheet total (assets)754.05756.49754.49721.97694.86
Net debt413.61347.47355.79352.56345.93
Profitability
EBIT-%107.7 %246.8 %27.0 %-43.2 %-11.8 %
ROA5.1 %11.0 %1.4 %-2.1 %-0.9 %
ROE9.2 %21.4 %0.4 %-7.2 %-5.3 %
ROI5.1 %11.1 %1.4 %-2.1 %-0.9 %
Economic value added (EVA)-7.4326.53-31.54-47.67-38.51
Solvency
Equity ratio31.6 %39.0 %39.2 %37.9 %37.1 %
Gearing173.6 %120.5 %120.3 %128.7 %134.1 %
Relative net indebtedness %1302.5 %1128.9 %1246.3 %1185.1 %1151.1 %
Liquidity
Quick ratio0.51.00.30.50.5
Current ratio0.51.00.30.50.5
Cash and cash equivalents0.008.150.140.010.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-29.1 %-1.0 %-37.1 %-21.0 %-20.4 %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:-0.91%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:37.1%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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