TAGE STRANGHOLT ApS — Credit Rating and Financial Key Figures

CVR number: 26693039
Grenåvej 21, 8960 Randers SØ
tel: 86420500

Credit rating

Company information

Official name
TAGE STRANGHOLT ApS
Personnel
3 persons
Established
2002
Company form
Private limited company
Industry
  • Expand more icon45Wholesale and retail trade and repair of motor vehicles and motorcycles

About TAGE STRANGHOLT ApS

TAGE STRANGHOLT ApS (CVR number: 26693039) is a company from RANDERS. The company recorded a gross profit of 1086.5 kDKK in 2023. The operating profit was 124.5 kDKK, while net earnings were 89.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.5 %, which can be considered decent but Return on Equity (ROE) was 9.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 43.5 %, 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. TAGE STRANGHOLT ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit1 560.811 515.981 579.911 345.261 086.48
EBIT52.90296.10309.77346.06124.48
Net earnings-25.51248.61210.71268.2789.27
Shareholders equity total583.54832.15929.86998.13887.40
Balance sheet total (assets)2 082.042 125.882 145.392 513.372 041.53
Net debt365.3029.79- 100.94- 651.28- 531.86
Profitability
EBIT-%
ROA3.0 %12.7 %14.5 %14.9 %5.5 %
ROE-4.3 %35.1 %23.9 %27.8 %9.5 %
ROI6.1 %28.8 %33.3 %34.8 %13.0 %
Economic value added (EVA)24.03267.24198.80226.5976.43
Solvency
Equity ratio28.0 %39.1 %43.3 %39.7 %43.5 %
Gearing64.2 %8.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.80.91.11.1
Current ratio1.11.41.61.61.6
Cash and cash equivalents9.1639.42100.94651.28531.86
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:5.48%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:43.5%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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