Tandlæge Mads Hørmand ApS — Credit Rating and Financial Key Figures

Tandlæge Mads Hørmand ApS (CVR number: 38337610) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of 8785.9 kDKK in 2023. The operating profit was 7308.6 kDKK, while net earnings were -253.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0 %, which can be considered poor and Return on Equity (ROE) was -12.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -4.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Tandlæge Mads Hørmand ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.