Tangen Holding ApS — Credit Rating and Financial Key Figures

Tangen Holding ApS (CVR number: 38723545) is a company from IKAST-BRANDE. The company recorded a gross profit of -9.5 kDKK in 2024. The operating profit was -9.5 kDKK, while net earnings were 205.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 28.9 %, which can be considered excellent and Return on Equity (ROE) was 58.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 37.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Tangen Holding ApS's liquidity measured by quick ratio was 1.6 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.