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

CVR number: 34488703
Tange Søvej 42, 8850 Bjerringbro
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Company information

Official name
Tange Group Invest A/S
Established
2012
Company form
Limited company
Industry

About Tange Group Invest A/S

Tange Group Invest A/S (CVR number: 34488703) is a company from VIBORG. The company recorded a gross profit of 2578.9 kDKK in 2024. The operating profit was 2372.7 kDKK, while net earnings were 963.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent but Return on Equity (ROE) was 3.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 48.5 %, 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 8.7 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.

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 profit2 536.062 935.232 511.992 750.552 578.90
EBIT2 367.022 604.531 925.652 281.812 372.66
Net earnings1 567.351 469.131 046.45656.85963.82
Shareholders equity total26 107.2927 576.4228 622.8729 279.7230 243.55
Balance sheet total (assets)57 439.1258 282.6261 971.2662 059.8262 326.71
Net debt23 419.7726 634.1129 320.1228 832.1728 330.54
Profitability
EBIT-%
ROA4.6 %4.7 %3.6 %4.1 %4.3 %
ROE6.2 %5.5 %3.7 %2.3 %3.2 %
ROI4.6 %4.7 %3.6 %4.2 %4.3 %
Economic value added (EVA)-1 090.92-1 024.35-1 433.55-1 615.34-1 218.59
Solvency
Equity ratio45.6 %47.5 %46.4 %47.4 %48.5 %
Gearing105.1 %96.6 %102.5 %98.5 %93.7 %
Relative net indebtedness %
Liquidity
Quick ratio4.02.16.39.78.7
Current ratio3.51.85.37.98.7
Cash and cash equivalents4 018.467.827.719.579.38
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:4.27%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.5%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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