TANGGAARD A/S — Credit Rating and Financial Key Figures

CVR number: 28135432
Pilebækvej 7, 4632 Bjæverskov
martin@tanggard.dk
tel: 56870274

Company information

Official name
TANGGAARD A/S
Personnel
12 persons
Established
2004
Company form
Limited company
Industry

About TANGGAARD A/S

TANGGAARD A/S (CVR number: 28135432) is a company from KØGE. The company recorded a gross profit of 15.1 mDKK in 2023. The operating profit was 9355.3 kDKK, while net earnings were 6849.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.4 %, which can be considered good and Return on Equity (ROE) was 9.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 91.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TANGGAARD A/S's liquidity measured by quick ratio was 4.6 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit16 688.0017 206.0017 443.0015 195.6715 124.87
EBIT10 322.0010 717.0010 715.009 269.879 355.32
Net earnings7 823.008 372.008 457.007 008.936 849.43
Shareholders equity total48 570.0055 939.0063 328.0069 254.2675 204.80
Balance sheet total (assets)58 230.0063 064.0073 614.0082 617.1182 531.90
Net debt5 681.64-14 106.19
Profitability
EBIT-%
ROA19.0 %17.7 %15.7 %12.0 %11.4 %
ROE17.3 %16.0 %14.2 %10.6 %9.5 %
ROI19.8 %17.7 %15.7 %12.5 %12.3 %
Economic value added (EVA)8 225.178 276.367 904.074 045.733 831.80
Solvency
Equity ratio100.0 %100.0 %100.0 %83.8 %91.1 %
Gearing8.7 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.64.6
Current ratio5.110.0
Cash and cash equivalents369.6714 108.17
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:11.4%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.1%
Rating: 71/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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