TANDLÆGE NICOLAI G. MICHELSEN ApS — Credit Rating and Financial Key Figures

CVR number: 35039937
Grønnegade 21, 5000 Odense C
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Credit rating

Company information

Official name
TANDLÆGE NICOLAI G. MICHELSEN ApS
Personnel
5 persons
Established
2013
Company form
Private limited company
Industry

About TANDLÆGE NICOLAI G. MICHELSEN ApS

TANDLÆGE NICOLAI G. MICHELSEN ApS (CVR number: 35039937) is a company from ODENSE. The company recorded a gross profit of 2065.2 kDKK in 2024. The operating profit was 124.8 kDKK, while net earnings were 10.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6 %, which can be considered decent but Return on Equity (ROE) was 0.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -26.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. TANDLÆGE NICOLAI G. MICHELSEN ApS's liquidity measured by quick ratio was 0.2 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 100.891 820.531 968.371 862.062 065.22
EBIT49.3823.15175.4630.86124.82
Net earnings25.07-2.412.36- 226.3810.40
Shareholders equity total- 678.18- 680.59- 678.24- 904.62- 894.22
Balance sheet total (assets)1 937.281 686.461 586.271 263.371 118.87
Net debt2 110.652 004.162 039.251 975.671 763.21
Profitability
EBIT-%
ROA1.8 %1.0 %7.7 %1.6 %6.0 %
ROE1.2 %-0.1 %0.1 %-15.9 %0.9 %
ROI2.2 %1.1 %8.7 %1.7 %6.7 %
Economic value added (EVA)-49.60-57.4756.97-47.5870.17
Solvency
Equity ratio-7.2 %-7.2 %-11.0 %-24.3 %-26.1 %
Gearing-316.9 %-297.7 %-303.9 %-220.2 %-199.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.20.30.20.2
Current ratio0.30.20.30.20.2
Cash and cash equivalents38.3621.7022.0216.6016.88
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:6.04%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-26.1%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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