TAGA FOODS DANMARK A/S — Credit Rating and Financial Key Figures

CVR number: 33067321
Vestre Ringgade 28, 8000 Aarhus C

Company information

Official name
TAGA FOODS DANMARK A/S
Personnel
2 persons
Established
2010
Company form
Limited company
Industry

About TAGA FOODS DANMARK A/S

TAGA FOODS DANMARK A/S (CVR number: 33067321) is a company from AARHUS. The company recorded a gross profit of 353.1 kDKK in 2024. The operating profit was 68.9 kDKK, while net earnings were -11.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak but Return on Equity (ROE) was -0.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 31.7 %, 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. TAGA FOODS DANMARK A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit1 250.101 029.14339.73447.46353.12
EBIT1 139.60886.97192.25278.7168.90
Net earnings786.23570.9521.62154.53-11.19
Shareholders equity total3 806.384 377.334 398.954 553.484 542.29
Balance sheet total (assets)13 067.1910 535.798 855.7615 805.4114 315.00
Net debt-3 443.05791.00228.57-2 019.15645.98
Profitability
EBIT-%
ROA11.5 %7.5 %2.0 %2.5 %0.8 %
ROE23.0 %14.0 %0.5 %3.5 %-0.2 %
ROI25.1 %17.5 %3.6 %5.6 %2.1 %
Economic value added (EVA)669.72454.04- 120.83-55.33- 215.84
Solvency
Equity ratio29.1 %41.5 %49.7 %28.8 %31.7 %
Gearing24.3 %23.1 %23.4 %19.6 %25.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.51.21.41.4
Current ratio1.41.51.51.41.5
Cash and cash equivalents4 368.89220.17799.652 912.20497.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:0.78%
Rating: 24/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:31.7%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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