TANDLÆGESELSKABET MAX GREVE ApS — Credit Rating and Financial Key Figures

CVR number: 14789480
Næsset 54, 5330 Munkebo

Company information

Official name
TANDLÆGESELSKABET MAX GREVE ApS
Personnel
2 persons
Established
1990
Company form
Private limited company
Industry

About TANDLÆGESELSKABET MAX GREVE ApS

TANDLÆGESELSKABET MAX GREVE ApS (CVR number: 14789480) is a company from KERTEMINDE. The company recorded a gross profit of -66.7 kDKK in 2023. The operating profit was -127.7 kDKK, while net earnings were 941 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.3 %, which can be considered decent and Return on Equity (ROE) was 7.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 76.4 %, 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 4.2 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 profit-40.08-35.42-36.01- 103.11-66.71
EBIT- 115.82- 103.14- 112.12- 163.11- 127.71
Net earnings- 258.881 450.89-61.77- 584.91941.05
Shareholders equity total11 945.6613 285.9513 111.1812 411.8613 235.11
Balance sheet total (assets)17 704.6919 290.9118 873.2518 216.0917 321.07
Net debt-11 761.47-13 412.70-12 997.52-12 211.52-13 082.10
Profitability
EBIT-%
ROA4.0 %11.4 %5.2 %4.7 %7.3 %
ROE-2.1 %11.5 %-0.5 %-4.6 %7.3 %
ROI4.0 %11.5 %5.3 %4.7 %7.3 %
Economic value added (EVA)196.11192.62178.92115.85160.48
Solvency
Equity ratio67.5 %68.9 %69.5 %68.1 %76.4 %
Gearing47.4 %42.6 %43.2 %46.1 %30.3 %
Relative net indebtedness %
Liquidity
Quick ratio3.13.23.33.14.2
Current ratio3.13.23.33.14.2
Cash and cash equivalents17 426.4719 077.7018 662.5217 938.5517 086.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBA

Variable visualization

ROA:7.28%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.4%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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