TNG ENGINEERING ApS — Credit Rating and Financial Key Figures

CVR number: 20729740
Stationsvej 23, 4241 Vemmelev

Company information

Official name
TNG ENGINEERING ApS
Personnel
4 persons
Established
1998
Company form
Private limited company
Industry

About TNG ENGINEERING ApS

TNG ENGINEERING ApS (CVR number: 20729740) is a company from SLAGELSE. The company recorded a gross profit of 2826.6 kDKK in 2023. The operating profit was 982.8 kDKK, while net earnings were 710.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20 %, which can be considered excellent and Return on Equity (ROE) was 17.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 81 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TNG ENGINEERING ApS's liquidity measured by quick ratio was 4.8 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 profit2 184.841 702.762 123.621 891.382 826.56
EBIT338.35- 177.85380.3973.02982.77
Net earnings223.59- 166.84275.399.66710.35
Shareholders equity total3 995.183 773.053 991.943 944.404 295.84
Balance sheet total (assets)4 941.064 846.874 731.214 553.005 306.71
Net debt-1 637.52-1 665.05-2 666.60-2 215.27-1 696.13
Profitability
EBIT-%
ROA7.0 %-3.4 %8.1 %1.6 %20.0 %
ROE5.6 %-4.3 %7.1 %0.2 %17.2 %
ROI8.5 %-4.0 %9.5 %1.8 %23.0 %
Economic value added (EVA)85.63- 276.60190.86-7.95632.49
Solvency
Equity ratio80.9 %77.8 %84.4 %86.6 %81.0 %
Gearing2.5 %4.1 %3.4 %3.8 %2.2 %
Relative net indebtedness %
Liquidity
Quick ratio4.34.05.76.34.8
Current ratio4.34.05.76.34.8
Cash and cash equivalents1 738.551 819.902 801.942 367.031 791.35
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBABBBA

Variable visualization

ROA:20.0%
Rating: 74/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:81.0%
Rating: 60/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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