TANDLÆGER KELD SØRENSEN & MILTON RASMUSSEN I/S — Credit Rating and Financial Key Figures

CVR number: 10020743
Enebærvej 2, Hjallese 5260 Odense S
tel: 66139107

Credit rating

Company information

Official name
TANDLÆGER KELD SØRENSEN & MILTON RASMUSSEN I/S
Personnel
13 persons
Established
1986
Domicile
Hjallese
Company form
General partnership
Industry

About TANDLÆGER KELD SØRENSEN & MILTON RASMUSSEN I/S

TANDLÆGER KELD SØRENSEN & MILTON RASMUSSEN I/S (CVR number: 10020743) is a company from ODENSE. The company recorded a gross profit of 7925.9 kDKK in 2023. The operating profit was 2000.5 kDKK, while net earnings were 1986.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 124.6 %, which can be considered excellent and Return on Equity (ROE) was 218.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 54.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. TANDLÆGER KELD SØRENSEN & MILTON RASMUSSEN I/S's liquidity measured by quick ratio was 3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit7 350.797 073.557 805.317 726.257 925.88
EBIT1 845.371 798.492 312.221 865.862 000.49
Net earnings1 845.171 794.092 305.041 857.981 986.35
Shareholders equity total935.96694.461 142.93849.89971.40
Balance sheet total (assets)1 559.701 984.332 113.831 445.461 769.50
Net debt- 744.20-1 043.47-1 301.56- 663.66- 904.24
Profitability
EBIT-%
ROA120.7 %101.6 %113.0 %105.0 %124.6 %
ROE188.1 %220.1 %250.9 %186.5 %218.1 %
ROI180.1 %181.2 %197.8 %151.2 %173.0 %
Economic value added (EVA)1 793.821 751.462 264.021 796.431 945.78
Solvency
Equity ratio60.7 %35.1 %54.8 %59.2 %54.9 %
Gearing38.1 %20.9 %28.1 %26.3 %
Relative net indebtedness %
Liquidity
Quick ratio2.31.62.63.63.0
Current ratio2.31.72.63.63.1
Cash and cash equivalents744.201 308.271 540.35902.451 159.39
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:124.6%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.9%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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