TANGENT A/S — Credit Rating and Financial Key Figures

TANGENT A/S (CVR number: 31890454) is a company from HERNING. The company recorded a gross profit of 1437.4 kDKK in 2023. The operating profit was -782.3 kDKK, while net earnings were -1000.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.5 %, which can be considered poor and Return on Equity (ROE) was -12.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 45.2 %, 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. TANGENT A/S's liquidity measured by quick ratio was 2 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.