K. TANG ApS — Credit Rating and Financial Key Figures

CVR number: 73366828
Grøndahlsvej 21, 7400 Herning
3kerikt@gmail.com
tel: 26312249
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Company information

Official name
K. TANG ApS
Personnel
1 person
Established
1983
Company form
Private limited company
Industry

About K. TANG ApS

K. TANG ApS (CVR number: 73366828) is a company from HERNING. The company recorded a gross profit of -67.2 kDKK in 2024. The operating profit was -67.2 kDKK, while net earnings were -627.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.9 %, which can be considered poor and Return on Equity (ROE) was -18.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 89.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. K. TANG ApS's liquidity measured by quick ratio was 3 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 profit-67.21
EBIT- 235.36-4.87105.07- 637.88-67.21
Net earnings32.91-40.19244.95- 224.20- 627.64
Shareholders equity total4 314.174 223.984 268.933 744.733 017.08
Balance sheet total (assets)4 334.374 300.604 502.514 064.733 360.69
Net debt-3 091.93-1 244.16-1 634.05-3 704.24- 783.65
Profitability
EBIT-%
ROA-5.4 %-0.1 %5.6 %-5.0 %-16.9 %
ROE0.8 %-0.9 %5.8 %-5.6 %-18.6 %
ROI-5.5 %-0.1 %5.8 %-5.3 %-18.1 %
Economic value added (EVA)- 483.24- 221.61- 107.19- 885.63- 255.38
Solvency
Equity ratio99.5 %98.2 %94.8 %92.1 %89.8 %
Gearing5.8 %
Relative net indebtedness %
Liquidity
Quick ratio187.019.37.611.83.0
Current ratio187.020.07.611.83.0
Cash and cash equivalents3 091.931 244.161 634.053 704.24957.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-16.9%
Rating: 3/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:89.8%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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