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 12.3 mDKK in 2024. The operating profit was 11 mDKK, while net earnings were 1282.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 46.8 %, which can be considered excellent and Return on Equity (ROE) was 58 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 11.7 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Tandlæge Mads Hørmand ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.