TANDEX A/S — Credit Rating and Financial Key Figures

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

Company information

Official name
TANDEX A/S
Personnel
14 persons
Established
1994
Company form
Limited company
Industry

About TANDEX A/S

TANDEX A/S (CVR number: 17611534) is a company from ALLERØD. The company recorded a gross profit of 6383.9 kDKK in 2024. The operating profit was 648.3 kDKK, while net earnings were 486.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, which can be considered decent and Return on Equity (ROE) was 4.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 64.2 %, 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. TANDEX A/S's liquidity measured by quick ratio was 0.9 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 781.584 739.426 752.415 641.686 383.91
EBIT- 665.06797.261 274.33- 490.15648.32
Net earnings- 693.00829.12796.45- 468.85486.80
Shareholders equity total9 068.939 898.0510 594.5010 025.6510 512.45
Balance sheet total (assets)13 975.1116 249.1818 328.4917 566.9016 378.23
Net debt-2 658.27-3 225.10328.391 248.58859.55
Profitability
EBIT-%
ROA-4.3 %7.5 %7.9 %-1.9 %5.2 %
ROE-7.3 %8.7 %7.8 %-4.5 %4.7 %
ROI-5.3 %10.1 %10.1 %-2.3 %6.0 %
Economic value added (EVA)-1 126.4089.43409.29-1 141.39- 280.98
Solvency
Equity ratio64.9 %60.9 %57.8 %57.1 %64.2 %
Gearing16.5 %17.3 %41.0 %56.2 %32.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.41.10.80.9
Current ratio2.62.52.22.12.5
Cash and cash equivalents4 156.754 932.644 014.344 389.602 558.06
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAABBBA

Variable visualization

ROA:5.21%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.2%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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