TANDEX A/S — Credit Rating and Financial Key Figures

CVR number: 17611534
Industrivej 4, 3540 Lynge
tel: 47381040

Credit rating

Company information

Official name
TANDEX A/S
Personnel
16 persons
Established
1994
Company form
Limited company
Industry
  • Expand more icon32Other manufacturing

About TANDEX A/S

TANDEX A/S (CVR number: 17611534) is a company from ALLERØD. The company recorded a gross profit of 5641.7 kDKK in 2023. The operating profit was -490.2 kDKK, while net earnings were -468.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.9 %, which can be considered poor and Return on Equity (ROE) was -4.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 57.1 %, 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. TANDEX A/S's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit3 192.412 781.584 739.426 752.415 641.68
EBIT161.74- 665.06797.261 274.33- 490.15
Net earnings301.59- 693.00829.12796.45- 468.85
Shareholders equity total9 861.949 068.939 898.0510 594.5010 025.65
Balance sheet total (assets)14 241.8013 975.1116 249.1818 328.4917 566.90
Net debt-1 290.24-2 658.27-3 225.10328.391 248.57
Profitability
EBIT-%
ROA2.9 %-4.3 %7.5 %7.9 %-1.9 %
ROE3.1 %-7.3 %8.7 %7.8 %-4.5 %
ROI3.3 %-5.3 %10.1 %10.1 %-2.3 %
Economic value added (EVA)- 228.57- 825.47375.03744.48- 705.43
Solvency
Equity ratio69.2 %64.9 %60.9 %57.8 %57.1 %
Gearing23.6 %16.5 %17.3 %41.0 %56.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.41.41.10.8
Current ratio2.92.62.52.22.1
Cash and cash equivalents3 618.494 156.754 932.644 014.344 389.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAAAAA

Variable visualization

ROA:-1.94%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.1%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

Companies in the same industry

Build time: 2024-12-21T09:42:48.155Z

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