Tang + Krogh Ejendomme ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 32.91 | 32.16 | 29.65 | 30.83 | 31.12 |
Gross profit | 39.53 | 83.87 | 12.20 | -10.35 | -0.65 |
EBIT | 35.46 | 79.38 | 8.01 | -13.32 | -3.68 |
Net earnings | 21.00 | 56.93 | 1.12 | -20.44 | -14.05 |
Shareholders equity total | 238.27 | 295.00 | 295.86 | 273.92 | 257.87 |
Balance sheet total (assets) | 754.05 | 756.49 | 754.49 | 721.97 | 694.86 |
Net debt | 413.61 | 347.47 | 355.79 | 352.56 | 345.93 |
Profitability | |||||
EBIT-% | 107.7 % | 246.8 % | 27.0 % | -43.2 % | -11.8 % |
ROA | 5.1 % | 11.0 % | 1.4 % | -2.1 % | -0.9 % |
ROE | 9.2 % | 21.4 % | 0.4 % | -7.2 % | -5.3 % |
ROI | 5.1 % | 11.1 % | 1.4 % | -2.1 % | -0.9 % |
Economic value added (EVA) | -7.43 | 26.53 | -31.54 | -47.67 | -38.51 |
Solvency | |||||
Equity ratio | 31.6 % | 39.0 % | 39.2 % | 37.9 % | 37.1 % |
Gearing | 173.6 % | 120.5 % | 120.3 % | 128.7 % | 134.1 % |
Relative net indebtedness % | 1302.5 % | 1128.9 % | 1246.3 % | 1185.1 % | 1151.1 % |
Liquidity | |||||
Quick ratio | 0.5 | 1.0 | 0.3 | 0.5 | 0.5 |
Current ratio | 0.5 | 1.0 | 0.3 | 0.5 | 0.5 |
Cash and cash equivalents | 0.00 | 8.15 | 0.14 | 0.01 | 0.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -29.1 % | -1.0 % | -37.1 % | -21.0 % | -20.4 % |
Credit risk | |||||
Credit rating | AA | AAA | AA | A | A |
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