HANDELSSELSKABET SUSANNE TANG ApS — Credit Rating and Financial Key Figures

CVR number: 73627214
H.N. Clausens Gade 20, 8000 Aarhus C

Company information

Official name
HANDELSSELSKABET SUSANNE TANG ApS
Established
1984
Company form
Private limited company
Industry

About HANDELSSELSKABET SUSANNE TANG ApS

HANDELSSELSKABET SUSANNE TANG ApS (CVR number: 73627214) is a company from AARHUS. The company recorded a gross profit of 20.9 kDKK in 2020. The operating profit was -33.6 kDKK, while net earnings were 1111.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent but Return on Equity (ROE) was 3.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 87.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HANDELSSELSKABET SUSANNE TANG ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
2019
2020
Volume
Net sales
Gross profit-7.52-25.7743.2980.5220.94
EBIT-7.52-77.17-8.1129.12-33.56
Net earnings844.87799.8910 601.29-30.531 111.19
Shareholders equity total17 369.6718 117.8628 666.2528 581.7229 637.61
Balance sheet total (assets)17 378.4824 143.9832 753.9532 619.3933 863.23
Net debt-10.254 020.58-20 540.46-15 772.433 874.79
Profitability
EBIT-%
ROA5.1 %4.3 %37.5 %0.4 %4.4 %
ROE4.9 %4.5 %45.3 %-0.1 %3.8 %
ROI5.1 %4.5 %38.9 %0.4 %4.4 %
Economic value added (EVA)-5.87180.04-39.08- 370.41- 667.75
Solvency
Equity ratio99.9 %75.0 %87.5 %87.6 %87.5 %
Gearing22.4 %14.1 %14.0 %13.4 %
Relative net indebtedness %
Liquidity
Quick ratio620.62.3270.0258.90.3
Current ratio620.62.3270.0258.90.3
Cash and cash equivalents10.2546.7924 572.5519 769.1886.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:4.35%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:87.5%
Rating: 67/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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