Tandlægeselskabet Thang Chien Dao Holding ApS — Credit Rating and Financial Key Figures

CVR number: 39367920
Skt. Clemens Torv 15, 8000 Aarhus C

Credit rating

Company information

Official name
Tandlægeselskabet Thang Chien Dao Holding ApS
Established
2018
Company form
Private limited company
Industry

About Tandlægeselskabet Thang Chien Dao Holding ApS

Tandlægeselskabet Thang Chien Dao Holding ApS (CVR number: 39367920) is a company from AARHUS. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a decline of -63 % compared to the previous year. The operating profit percentage was at 129 % (EBIT: 0.1 mDKK), while net earnings were 17.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.2 %, which can be considered good but Return on Equity (ROE) was 2.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -25.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Tandlægeselskabet Thang Chien Dao Holding 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 sales135.0050.00
Gross profit138.46-30.86-6.71130.2864.49
EBIT22.90-30.86-6.71130.2864.49
Net earnings21.61-45.37-9.37128.4617.81
Shareholders equity total- 291.45- 336.82- 346.19- 217.73- 199.92
Balance sheet total (assets)63.5752.0112.96671.43571.59
Net debt302.57286.74346.19270.00225.79
Profitability
EBIT-%96.5 %129.0 %
ROA5.9 %-8.3 %-1.8 %20.9 %10.2 %
ROE29.6 %-78.5 %-28.8 %37.5 %2.9 %
ROI7.0 %-9.2 %-1.9 %34.8 %13.5 %
Economic value added (EVA)41.37-14.8912.83148.33109.17
Solvency
Equity ratio-82.1 %-86.6 %-96.4 %-24.5 %-25.9 %
Gearing-112.8 %-100.6 %-103.7 %-178.7 %-132.8 %
Relative net indebtedness %570.4 %1463.6 %
Liquidity
Quick ratio0.20.10.00.10.1
Current ratio0.20.10.00.10.1
Cash and cash equivalents26.3152.0112.96119.1539.71
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-570.4 %-932.6 %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:10.2%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-25.9%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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