TANDLÆGESELSKABET ERIK NORMANN SØRENSEN ApS — Credit Rating and Financial Key Figures

CVR number: 29171521
Solrød Strandvej 16, 2680 Solrød Strand

Credit rating

Company information

Official name
TANDLÆGESELSKABET ERIK NORMANN SØRENSEN ApS
Personnel
2 persons
Established
2005
Company form
Private limited company
Industry
  • Expand more icon86Human health activities

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 -106.5 kDKK in 2023. The operating profit was -1219 kDKK, while net earnings were 141.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.9 %, which can be considered excellent and Return on Equity (ROE) was 56.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.4 %, 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 0.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-56.47-35.48-58.38-94.65- 106.50
EBIT-1 336.96-1 169.80- 922.22- 845.85-1 219.02
Net earnings-70.44141.38118.36234.88141.30
Shareholders equity total- 313.72- 172.34-53.98180.90322.21
Balance sheet total (assets)501.19890.27823.97926.581 061.63
Net debt613.55837.57425.00251.07400.51
Profitability
EBIT-%
ROA-8.7 %20.8 %17.8 %35.5 %19.9 %
ROE-12.2 %20.3 %13.8 %46.7 %56.2 %
ROI-10.8 %24.1 %20.9 %44.4 %25.1 %
Economic value added (EVA)-1 290.34-1 177.10- 918.55- 883.33-1 241.02
Solvency
Equity ratio-38.5 %-16.2 %-6.1 %19.5 %30.4 %
Gearing-225.2 %-529.9 %-1352.1 %292.4 %168.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.30.60.70.5
Current ratio0.40.30.60.70.5
Cash and cash equivalents92.8175.68304.85277.87142.79
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:19.9%
Rating: 74/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.4%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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