TangoPapa Holding ApS — Credit Rating and Financial Key Figures

TangoPapa Holding ApS (CVR number: 42400475) is a company from KØBENHAVN. The company recorded a gross profit of 212.6 kDKK in 2023. The operating profit was 212.6 kDKK, while net earnings were 335.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.3 %, which can be considered excellent and Return on Equity (ROE) was 82.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -65.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. TangoPapa Holding ApS's liquidity measured by quick ratio was 1.7 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.