T. TANG HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 28657218
Jasminvej 9, 8763 Rask Mølle

Company information

Official name
T. TANG HOLDING ApS
Established
2006
Company form
Private limited company
Industry

About T. TANG HOLDING ApS

T. TANG HOLDING ApS (CVR number: 28657218) is a company from HEDENSTED. The company recorded a gross profit of -4.2 kDKK in 2020. The operating profit was -4.2 kDKK, while net earnings were -5.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.3 %, which can be considered poor and Return on Equity (ROE) was -1.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. T. TANG HOLDING ApS's liquidity measured by quick ratio was 72.6 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.

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-8.13-6.00-5.00-4.75-4.25
EBIT-8.13-6.00-5.00-4.75-4.25
Net earnings-9.3713.96-5.00-4.86-5.39
Shareholders equity total631.60542.16431.36318.50313.11
Balance sheet total (assets)651.23547.82435.75323.00317.49
Net debt- 651.23- 547.82- 435.75- 323.00- 317.49
Profitability
EBIT-%
ROA-1.2 %2.3 %-1.0 %-1.3 %-1.3 %
ROE-1.5 %2.4 %-1.0 %-1.3 %-1.7 %
ROI-1.3 %2.4 %-1.0 %-1.3 %-1.3 %
Economic value added (EVA)-8.13-5.01-4.72-4.53-4.02
Solvency
Equity ratio97.0 %99.0 %99.0 %98.6 %98.6 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio33.296.999.471.872.6
Current ratio33.296.999.471.872.6
Cash and cash equivalents651.23547.82435.75323.00317.49
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:-1.33%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.6%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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