CHIROPRACTIC DEVELOPMENT ApS — Credit Rating and Financial Key Figures

CVR number: 33774966
Enebærvej 35, Sejs-Svejbæk 8600 Silkeborg
tel: 26847622

Credit rating

Company information

Official name
CHIROPRACTIC DEVELOPMENT ApS
Established
2011
Domicile
Sejs-Svejbæk
Company form
Private limited company
Industry

About CHIROPRACTIC DEVELOPMENT ApS

CHIROPRACTIC DEVELOPMENT ApS (CVR number: 33774966) is a company from SILKEBORG. The company recorded a gross profit of -9.3 kDKK in 2023. The operating profit was -9.3 kDKK, while net earnings were 64.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4 %, which can be considered decent but Return on Equity (ROE) was 3.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 37.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. CHIROPRACTIC DEVELOPMENT ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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-9.60-8.98-12.28-18.68-9.25
EBIT-9.60-8.98-12.28-18.68-9.25
Net earnings118.36-64.70230.09697.5064.50
Shareholders equity total1 306.801 131.501 248.601 831.701 778.40
Balance sheet total (assets)3 174.453 208.893 261.344 735.044 715.85
Net debt1 861.662 015.601 989.771 391.161 387.37
Profitability
EBIT-%
ROA4.5 %-0.3 %8.9 %19.5 %4.0 %
ROE9.1 %-5.3 %19.3 %45.3 %3.6 %
ROI4.5 %-0.3 %9.0 %19.6 %4.1 %
Economic value added (EVA)83.8183.1389.2476.28131.83
Solvency
Equity ratio41.2 %35.3 %38.3 %38.7 %37.7 %
Gearing142.5 %178.1 %159.4 %157.8 %162.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.10.10.60.6
Current ratio0.00.10.10.60.6
Cash and cash equivalents1 500.051 500.05
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAABBB

Variable visualization

ROA:4.04%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:37.7%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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