Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 3.57 | 6.31 | 3.05 | 2.48 | -0.44 |
EBIT | 3.57 | 6.31 | 3.05 | 2.48 | -0.44 |
Net earnings | 6.48 | 8.61 | 6.09 | 5.69 | 3.40 |
Shareholders equity total | 86.48 | 88.61 | 86.09 | 85.69 | 83.41 |
Balance sheet total (assets) | 285.97 | 194.59 | 174.51 | 503.67 | 136.18 |
Net debt | 174.46 | 0.35 | 66.42 | 295.52 | 3.12 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.9 % | 4.6 % | 4.2 % | 2.1 % | 1.4 % |
ROE | 7.5 % | 9.8 % | 7.0 % | 6.6 % | 4.0 % |
ROI | 3.2 % | 6.3 % | 6.2 % | 2.7 % | 1.9 % |
Economic value added (EVA) | 2.78 | 0.58 | -2.07 | -1.92 | -4.74 |
Solvency | |||||
Equity ratio | 30.2 % | 45.5 % | 49.3 % | 17.0 % | 61.2 % |
Gearing | 201.8 % | 0.4 % | 88.2 % | 344.9 % | 3.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.4 | 1.8 | 2.0 | 1.2 | 2.6 |
Current ratio | 1.4 | 1.8 | 2.0 | 1.2 | 2.6 |
Cash and cash equivalents | 0.03 | 9.47 | 0.01 | 0.00 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | B | B | B | C |
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