Tange Holding ApS — Credit Rating and Financial Key Figures

CVR number: 40251545
Ansagervej 23, Skovlund 6823 Ansager

Credit rating

Company information

Official name
Tange Holding ApS
Established
2018
Domicile
Skovlund
Company form
Private limited company
Industry

About Tange Holding ApS

Tange Holding ApS (CVR number: 40251545) is a company from VARDE. The company recorded a gross profit of -36.6 kDKK in 2024. The operating profit was -36.6 kDKK, while net earnings were -15.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was -23.4 %, which can be considered poor and Return on Equity (ROE) was -24.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Tange Holding ApS's liquidity measured by quick ratio was 105.4 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-6.25-10.38-9.51-17.07-36.59
EBIT-6.25-10.38-9.51-17.07-36.59
Net earnings626.211 381.045 316.7849 031.53-15 413.52
Shareholders equity total16 337.5617 468.6022 535.3871 272.4155 553.89
Balance sheet total (assets)16 346.1417 476.6822 540.7471 518.0956 010.32
Net debt- 429.28-1 165.28-41 914.58-35 679.56
Profitability
EBIT-%
ROA3.9 %8.2 %26.6 %104.8 %-23.4 %
ROE3.9 %8.2 %26.6 %104.5 %-24.3 %
ROI3.9 %8.2 %26.7 %105.1 %-23.5 %
Economic value added (EVA)-28.22-15.7868.5363.72-1 023.24
Solvency
Equity ratio99.9 %100.0 %100.0 %99.7 %99.2 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio55.953.1217.7186.5105.4
Current ratio55.953.1217.7186.5105.4
Cash and cash equivalents429.281 165.2841 914.5835 679.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:-23.4%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.2%
Rating: 87/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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