TAGE NIELSEN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TAGE NIELSEN A/S
TAGE NIELSEN A/S (CVR number: 21671886) is a company from KOLDING. The company recorded a gross profit of 873.5 kDKK in 2024. The operating profit was -617.3 kDKK, while net earnings were -265.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.8 %, which can be considered poor and Return on Equity (ROE) was -4.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 51.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. TAGE NIELSEN A/S's liquidity measured by quick ratio was 0.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 566.12 | 1 566.65 | 1 309.69 | 874.73 | 873.49 |
EBIT | 445.35 | 451.28 | 153.07 | - 314.28 | - 617.30 |
Net earnings | 236.78 | 254.96 | 2 098.63 | - 386.33 | - 265.67 |
Shareholders equity total | 3 973.20 | 4 115.17 | 6 099.39 | 5 595.26 | 5 207.59 |
Balance sheet total (assets) | 9 515.83 | 9 513.74 | 10 974.28 | 13 058.84 | 10 153.53 |
Net debt | 3 855.26 | 4 042.76 | 4 072.45 | 3 725.76 | 4 594.61 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.7 % | 4.7 % | 21.7 % | -1.9 % | -0.8 % |
ROE | 6.1 % | 6.3 % | 41.1 % | -6.6 % | -4.9 % |
ROI | 4.8 % | 4.9 % | 22.8 % | -2.0 % | -0.9 % |
Economic value added (EVA) | - 114.95 | - 116.35 | - 333.46 | - 773.16 | -1 204.64 |
Solvency | |||||
Equity ratio | 41.8 % | 43.3 % | 55.6 % | 42.8 % | 51.3 % |
Gearing | 122.7 % | 110.8 % | 67.1 % | 118.2 % | 88.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.1 | 1.7 | 0.5 | 1.3 | 0.6 |
Current ratio | 14.8 | 10.1 | 10.3 | 3.1 | 8.7 |
Cash and cash equivalents | 1 021.79 | 518.75 | 21.37 | 2 890.36 | 33.29 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | BBB | BBB |
Variable visualization
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