TANGY ApS

CVR number: 26322065
Lysholt Allé 3, 7100 Vejle

Credit rating

Company information

Official name
TANGY ApS
Established
2001
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About the company

TANGY ApS (CVR number: 26322065) is a company from VEJLE. The company recorded a gross profit of -0.4 kDKK in 2021. The operating profit was -0.4 kDKK, while net earnings were 3.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.4 %, which can be considered weak but Return on Equity (ROE) was 4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 61.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. TANGY ApS's liquidity measured by quick ratio was 2.6 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
20172018201920202021
Volume
Net sales
Gross profit3.576.313.052.48-0.44
EBIT3.576.313.052.48-0.44
Net earnings6.488.616.095.693.40
Shareholders equity total86.4888.6186.0985.6983.41
Balance sheet total (assets)285.97194.59174.51503.67136.18
Net debt174.460.3566.42295.523.12
Profitability
EBIT-%
ROA2.9 %4.6 %4.2 %2.1 %1.4 %
ROE7.5 %9.8 %7.0 %6.6 %4.0 %
ROI3.2 %6.3 %6.2 %2.7 %1.9 %
Economic value added (EVA)2.780.58-2.07-1.92-4.74
Solvency
Equity ratio30.2 %45.5 %49.3 %17.0 %61.2 %
Gearing201.8 %0.4 %88.2 %344.9 %3.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.82.01.22.6
Current ratio1.41.82.01.22.6
Cash and cash equivalents0.039.470.010.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBC

Variable visualization

ROA:1.36%
Rating: 27/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.2%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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