TANDLÆGE FRANK MULVAD ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TANDLÆGE FRANK MULVAD ApS
TANDLÆGE FRANK MULVAD ApS (CVR number: 32274730) is a company from VEJLE. The company recorded a gross profit of -71.2 kDKK in 2023. The operating profit was -331.1 kDKK, while net earnings were 647.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.8 %, which can be considered decent but Return on Equity (ROE) was 9.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 58.3 %, 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. TANDLÆGE FRANK MULVAD ApS's liquidity measured by quick ratio was 2.3 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 091.26 | 1 175.45 | 2 835.74 | 2 882.82 | -71.20 |
EBIT | 581.88 | - 278.44 | 1 652.85 | 2 558.13 | - 331.10 |
Net earnings | -1 620.36 | - 368.64 | - 603.44 | 1 975.53 | 647.26 |
Shareholders equity total | 5 571.33 | 5 102.69 | 4 399.25 | 6 274.78 | 6 822.04 |
Balance sheet total (assets) | 6 097.17 | 5 590.34 | 5 061.73 | 9 390.14 | 11 709.97 |
Net debt | - 615.03 | -53.93 | - 392.88 | -1 538.12 | - 583.25 |
Profitability | |||||
EBIT-% | |||||
ROA | -20.3 % | -6.7 % | 36.6 % | 29.8 % | 7.8 % |
ROE | -25.2 % | -6.9 % | -12.7 % | 37.0 % | 9.9 % |
ROI | -22.2 % | -7.2 % | -4.1 % | 48.2 % | 9.4 % |
Economic value added (EVA) | 110.79 | - 403.19 | 970.14 | 1 924.11 | - 368.19 |
Solvency | |||||
Equity ratio | 91.4 % | 91.3 % | 86.9 % | 66.8 % | 58.3 % |
Gearing | 1.0 % | 0.7 % | 2.2 % | 42.4 % | 68.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 8.3 | 8.3 | 6.8 | 2.9 | 2.3 |
Current ratio | 8.3 | 8.3 | 6.8 | 2.9 | 2.3 |
Cash and cash equivalents | 672.11 | 91.01 | 489.98 | 4 201.33 | 5 243.27 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
Variable visualization
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