TAG JØRGENSEN ApS — Credit Rating and Financial Key Figures

CVR number: 35636749
Bispevænget 57, 9800 Hjørring

Company information

Official name
TAG JØRGENSEN ApS
Personnel
2 persons
Established
2014
Company form
Private limited company
Industry

About TAG JØRGENSEN ApS

TAG JØRGENSEN ApS (CVR number: 35636749) is a company from HJØRRING. The company recorded a gross profit of 1491 kDKK in 2024. The operating profit was 312.6 kDKK, while net earnings were 303.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 45.8 %, which can be considered excellent and Return on Equity (ROE) was 61.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 44.1 %, 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. TAG JØRGENSEN ApS's liquidity measured by quick ratio was 1.6 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
2020
2021
2022
2023
2024
Volume
Net sales3 188.89
Gross profit1 616.821 230.201 635.281 372.721 490.97
EBIT333.60- 268.68-35.67- 293.38312.63
Net earnings261.73- 164.95-63.77- 297.61303.73
Shareholders equity total475.03310.08246.31-51.30252.44
Balance sheet total (assets)1 008.74848.29846.29740.40572.03
Net debt- 243.63- 115.17- 400.27- 150.87- 126.98
Profitability
EBIT-%-1.1 %
ROA43.7 %-28.9 %-4.1 %-35.7 %45.8 %
ROE76.0 %-42.0 %-22.9 %-60.3 %61.2 %
ROI90.6 %-66.8 %-12.6 %-237.7 %247.7 %
Economic value added (EVA)252.94- 201.14-40.91- 305.76312.13
Solvency
Equity ratio47.1 %36.6 %29.1 %-6.5 %44.1 %
Gearing
Relative net indebtedness %6.3 %
Liquidity
Quick ratio0.90.71.00.71.6
Current ratio0.90.71.10.81.6
Cash and cash equivalents243.63115.17400.27150.87126.98
Capital use efficiency
Trade debtors turnover (days)19.9
Net working capital %1.9 %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:45.8%
Rating: 92/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:44.1%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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