K. TANG HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 26882974
Mjølnersvej 8, 4600 Køge
tang.mille@gmail.com
tel: 27293138

Company information

Official name
K. TANG HOLDING ApS
Personnel
1 person
Established
2002
Company form
Private limited company
Industry

About K. TANG HOLDING ApS

K. TANG HOLDING ApS (CVR number: 26882974) is a company from KØGE. The company recorded a gross profit of -196.6 kDKK in 2023. The operating profit was -356.9 kDKK, while net earnings were 15.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.8 %, which can be considered good and Return on Equity (ROE) was 10 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 93.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. K. TANG HOLDING ApS's liquidity measured by quick ratio was 8.1 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 profit-3 296.12- 658.14- 167.87- 142.84- 196.56
EBIT-3 296.12- 710.26- 245.96- 248.84- 356.88
Net earnings-2 191.4320 520.19-1 379.499 183.2815 867.24
Shareholders equity total122 403.86142 924.05141 544.56150 727.83166 595.07
Balance sheet total (assets)135 749.91150 314.82187 188.31180 974.95178 198.20
Net debt- 106 737.33- 120 633.56- 101 299.12-95 717.17-92 733.20
Profitability
EBIT-%
ROA7.5 %19.1 %7.1 %8.9 %12.8 %
ROE-1.8 %15.5 %-1.0 %6.3 %10.0 %
ROI7.9 %20.6 %8.4 %11.2 %14.5 %
Economic value added (EVA)-3 858.9650.74-63.331 952.301 131.38
Solvency
Equity ratio90.2 %95.1 %75.6 %83.3 %93.5 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio8.016.52.33.28.1
Current ratio8.016.52.33.28.1
Cash and cash equivalents106 737.33120 633.56101 299.1295 717.1792 733.20
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:12.8%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.5%
Rating: 74/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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