TANDLÆGESELSKABET MAX GREVE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TANDLÆGESELSKABET MAX GREVE ApS
TANDLÆGESELSKABET MAX GREVE ApS (CVR number: 14789480) is a company from KERTEMINDE. The company recorded a gross profit of -63.1 kDKK in 2024. The operating profit was -123.2 kDKK, while net earnings were 348.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.9 %, which can be considered decent but Return on Equity (ROE) was 2.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 76.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. TANDLÆGESELSKABET MAX GREVE ApS's liquidity measured by quick ratio was 4.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -35.42 | -36.01 | - 103.11 | -66.71 | -63.13 |
| EBIT | - 103.14 | - 112.12 | - 163.11 | - 127.71 | - 123.16 |
| Net earnings | 1 450.89 | -61.77 | - 584.91 | 941.05 | 348.10 |
| Shareholders equity total | 13 285.95 | 13 111.18 | 12 411.86 | 13 235.11 | 13 461.21 |
| Balance sheet total (assets) | 19 290.91 | 18 873.25 | 18 216.09 | 17 321.07 | 17 515.34 |
| Net debt | -13 412.70 | -12 997.52 | -12 211.52 | -13 082.10 | -13 222.26 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 11.4 % | 5.2 % | 4.7 % | 7.3 % | 5.9 % |
| ROE | 11.5 % | -0.5 % | -4.6 % | 7.3 % | 2.6 % |
| ROI | 11.5 % | 5.3 % | 4.7 % | 7.3 % | 5.9 % |
| Economic value added (EVA) | - 967.73 | -1 064.40 | -1 106.61 | -1 028.72 | - 967.85 |
| Solvency | |||||
| Equity ratio | 68.9 % | 69.5 % | 68.1 % | 76.4 % | 76.9 % |
| Gearing | 42.6 % | 43.2 % | 46.1 % | 30.3 % | 29.8 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 3.2 | 3.3 | 3.1 | 4.2 | 4.3 |
| Current ratio | 3.2 | 3.3 | 3.1 | 4.2 | 4.3 |
| Cash and cash equivalents | 19 077.70 | 18 662.52 | 17 938.55 | 17 086.57 | 17 227.89 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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