Tange Group Invest A/S — Credit Rating and Financial Key Figures

Tange Group Invest A/S (CVR number: 34488703) is a company from VIBORG. The company recorded a gross profit of 2750.6 kDKK in 2023. The operating profit was 2281.8 kDKK, while net earnings were 656.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent but Return on Equity (ROE) was 2.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 47.4 %, 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. Tange Group Invest A/S's liquidity measured by quick ratio was 9.7 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.