TAG COPENHAGEN A/S

CVR number: 20754435
Kong Georgs Vej 12 B, 2000 Frederiksberg
henriette@tagc.com
tel: 32132200
www.tagc.com

Credit rating

Company information

Official name
TAG COPENHAGEN A/S
Personnel
9 persons
Established
1998
Company form
Limited company
Industry
  • Expand more icon72Scientific research and development

About the company

TAG COPENHAGEN A/S (CVR number: 20754435) is a company from FREDERIKSBERG. The company recorded a gross profit of 4007.3 kDKK in 2023. The operating profit was 671 kDKK, while net earnings were 556.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.6 %, which can be considered excellent and Return on Equity (ROE) was 22.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 73.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. TAG COPENHAGEN A/S's liquidity measured by quick ratio was 2.7 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
20192020202120222023
Volume
Net sales
Gross profit2 805.853 595.953 915.273 789.354 007.28
EBIT415.68776.771 007.29610.60671.00
Net earnings328.43655.39794.72478.94556.94
Shareholders equity total1 808.432 063.822 358.542 437.472 494.41
Balance sheet total (assets)3 898.113 457.863 534.223 206.643 411.76
Net debt-1 396.46-1 041.39-1 027.55- 978.97-1 502.47
Profitability
EBIT-%
ROA12.7 %23.0 %29.4 %18.7 %21.6 %
ROE18.8 %33.9 %35.9 %20.0 %22.6 %
ROI24.4 %43.3 %44.1 %25.2 %28.9 %
Economic value added (EVA)310.80583.68733.19417.29451.07
Solvency
Equity ratio46.4 %59.7 %66.7 %76.0 %73.1 %
Gearing0.6 %1.3 %9.1 %0.3 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.72.02.62.7
Current ratio1.31.82.23.33.3
Cash and cash equivalents1 406.421 068.301 241.77985.881 505.83
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:21.6%
Rating: 76/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:73.1%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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