TANDLÆGE KIT KORSGAARD ApS — Credit Rating and Financial Key Figures

TANDLÆGE KIT KORSGAARD ApS (CVR number: 33053746) is a company from HORSENS. The company recorded a gross profit of 7689.9 kDKK in 2023. The operating profit was 1287.5 kDKK, while net earnings were 891.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.6 %, which can be considered excellent and Return on Equity (ROE) was 21.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65.4 %, 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. TANDLÆGE KIT KORSGAARD ApS's liquidity measured by quick ratio was 0.3 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.