DANSK TANDFORSIKRING ADMINISTRATION ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About DANSK TANDFORSIKRING ADMINISTRATION ApS
DANSK TANDFORSIKRING ADMINISTRATION ApS (CVR number: 32669999) is a company from GENTOFTE. The company reported a net sales of 22.4 mDKK in 2022, demonstrating a growth of 59.2 % compared to the previous year. The operating profit percentage was at 10.3 % (EBIT: 2.3 mDKK), while net earnings were 2278.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.2 %, which can be considered excellent and Return on Equity (ROE) was 28.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 75.1 %, 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. DANSK TANDFORSIKRING ADMINISTRATION ApS's liquidity measured by quick ratio was 3.2 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 8 321.02 | 9 093.82 | 11 410.38 | 14 077.32 | 22 411.02 |
Gross profit | 3 956.74 | 4 147.82 | 6 712.43 | 8 331.16 | 16 044.17 |
EBIT | -6 518.90 | -7 658.68 | -2 188.17 | -1 215.35 | 2 308.20 |
Net earnings | -6 657.35 | -7 735.30 | -2 229.32 | -1 259.16 | 2 278.16 |
Shareholders equity total | 17 165.97 | 9 430.67 | 7 201.35 | 5 942.20 | 10 050.36 |
Balance sheet total (assets) | 19 372.68 | 11 442.89 | 10 576.19 | 9 557.07 | 13 375.60 |
Net debt | -14 399.18 | -5 958.21 | -3 091.82 | -1 439.04 | -7 055.44 |
Profitability | |||||
EBIT-% | -78.3 % | -84.2 % | -19.2 % | -8.6 % | 10.3 % |
ROA | -28.5 % | -49.7 % | -19.9 % | -12.1 % | 20.2 % |
ROE | -32.5 % | -58.2 % | -26.8 % | -19.2 % | 28.5 % |
ROI | -30.9 % | -57.1 % | -25.0 % | -16.5 % | 26.0 % |
Economic value added (EVA) | -6 471.46 | -7 621.87 | -2 242.50 | -1 193.81 | 2 322.47 |
Solvency | |||||
Equity ratio | 88.6 % | 82.4 % | 68.1 % | 62.2 % | 75.1 % |
Gearing | 1.2 % | 0.3 % | 11.6 % | 13.2 % | 10.4 % |
Relative net indebtedness % | -148.9 % | -43.7 % | -4.8 % | 9.9 % | -21.3 % |
Liquidity | |||||
Quick ratio | 6.9 | 3.4 | 1.7 | 1.2 | 3.2 |
Current ratio | 6.9 | 3.4 | 1.7 | 1.2 | 3.2 |
Cash and cash equivalents | 14 598.54 | 5 987.40 | 3 924.78 | 2 220.79 | 8 104.27 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 24.8 | 32.4 | 45.0 | 34.0 | 39.9 |
Net working capital % | 156.1 % | 53.9 % | 20.1 % | 4.7 % | 33.3 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | A |
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