TANDLÆGESELSKABET ERIK NORMANN SØRENSEN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TANDLÆGESELSKABET ERIK NORMANN SØRENSEN ApS
TANDLÆGESELSKABET ERIK NORMANN SØRENSEN ApS (CVR number: 29171521) is a company from SOLRØD. The company recorded a gross profit of -136.3 kDKK in 2024. The operating profit was -1120.7 kDKK, while net earnings were 258.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.3 %, which can be considered excellent and Return on Equity (ROE) was 57.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.3 %, 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. TANDLÆGESELSKABET ERIK NORMANN SØRENSEN ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -35.48 | -58.38 | -94.65 | - 106.50 | - 136.33 |
EBIT | -1 169.80 | - 922.22 | - 845.85 | -1 219.02 | -1 120.72 |
Net earnings | 141.38 | 118.36 | 234.88 | 141.30 | 258.34 |
Shareholders equity total | - 172.34 | -53.98 | 180.90 | 322.21 | 580.55 |
Balance sheet total (assets) | 890.27 | 823.97 | 926.58 | 1 061.63 | 1 475.58 |
Net debt | 837.57 | 425.00 | 251.07 | 400.51 | 428.71 |
Profitability | |||||
EBIT-% | |||||
ROA | 20.8 % | 17.8 % | 35.5 % | 19.9 % | 27.3 % |
ROE | 20.3 % | 13.8 % | 46.7 % | 56.2 % | 57.2 % |
ROI | 24.1 % | 20.9 % | 44.4 % | 25.1 % | 32.5 % |
Economic value added (EVA) | -1 224.13 | - 993.19 | - 946.55 | -1 294.60 | -1 237.89 |
Solvency | |||||
Equity ratio | -16.2 % | -6.1 % | 19.5 % | 30.4 % | 39.3 % |
Gearing | -529.9 % | -1352.1 % | 292.4 % | 168.6 % | 117.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.3 | 0.6 | 0.7 | 0.5 | 0.6 |
Current ratio | 0.3 | 0.6 | 0.7 | 0.5 | 0.6 |
Cash and cash equivalents | 75.68 | 304.85 | 277.87 | 142.79 | 252.10 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BBB | BBB |
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