TAG Solutions Inc. ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TAG Solutions Inc. ApS
TAG Solutions Inc. ApS (CVR number: 44251469) is a company from BALLERUP. The company recorded a gross profit of 775.4 kDKK in 2024. The operating profit was -1.5 kDKK, while net earnings were -2.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.8 %, which can be considered poor and Return on Equity (ROE) was -5.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 31.1 %, 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. TAG Solutions Inc. ApS's liquidity measured by quick ratio was 1.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials| 2023 | 2024 | |
|---|---|---|
| Volume | ||
| Net sales | ||
| Gross profit | 193.65 | 775.37 | 
| EBIT | 14.63 | -1.46 | 
| Net earnings | 11.22 | -2.67 | 
| Shareholders equity total | 51.22 | 48.55 | 
| Balance sheet total (assets) | 163.23 | 155.96 | 
| Net debt | -63.07 | -26.28 | 
| Profitability | ||
| EBIT-% | ||
| ROA | 9.0 % | -0.8 % | 
| ROE | 21.9 % | -5.4 % | 
| ROI | 26.1 % | -2.3 % | 
| Economic value added (EVA) | 11.38 | -0.61 | 
| Solvency | ||
| Equity ratio | 31.4 % | 31.1 % | 
| Gearing | 9.7 % | 16.8 % | 
| Relative net indebtedness % | ||
| Liquidity | ||
| Quick ratio | 1.5 | 1.2 | 
| Current ratio | 1.5 | 1.5 | 
| Cash and cash equivalents | 68.05 | 34.43 | 
| Capital use efficiency | ||
| Trade debtors turnover (days) | ||
| Net working capital % | ||
| Credit risk | ||
| Credit rating | BB | BB | 
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