Tandlægerne i Hørning ApS — Credit Rating and Financial Key Figures

CVR number: 39991101
Nørre Alle 21, 8362 Hørning
info@hoerningtand.dk
tel: 86922462
www.hoerningtand.dk

Company information

Official name
Tandlægerne i Hørning ApS
Personnel
10 persons
Established
2018
Company form
Private limited company
Industry

About Tandlægerne i Hørning ApS

Tandlægerne i Hørning ApS (CVR number: 39991101) is a company from SKANDERBORG. The company recorded a gross profit of 4537.7 kDKK in 2023. The operating profit was 512 kDKK, while net earnings were 211.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.4 %, which can be considered good but Return on Equity (ROE) was 19.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 23 %, 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. Tandlægerne i Hørning ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit3 886.703 798.924 736.864 317.724 537.69
EBIT545.37244.581 156.37634.35511.95
Net earnings206.135.19606.13327.72211.48
Shareholders equity total256.13206.02756.551 027.071 179.65
Balance sheet total (assets)5 608.195 335.375 663.815 795.865 139.41
Net debt4 124.413 588.523 121.852 758.662 250.51
Profitability
EBIT-%
ROA9.7 %4.5 %21.0 %11.1 %9.4 %
ROE80.5 %2.2 %125.9 %36.7 %19.2 %
ROI11.9 %5.7 %28.2 %15.2 %13.0 %
Economic value added (EVA)403.23-14.18753.40335.25266.09
Solvency
Equity ratio4.6 %3.9 %13.4 %17.7 %23.0 %
Gearing1638.6 %1776.7 %429.6 %268.8 %190.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.20.40.1
Current ratio0.10.10.20.40.2
Cash and cash equivalents72.7171.83128.131.891.86
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:9.36%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:23.0%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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