TANDLÆGESELSKABET LENE RING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TANDLÆGESELSKABET LENE RING ApS
TANDLÆGESELSKABET LENE RING ApS (CVR number: 26988284) is a company from NÆSTVED. The company recorded a gross profit of 3902.4 kDKK in 2023. The operating profit was 15.6 kDKK, while net earnings were -54.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2 %, which can be considered weak but Return on Equity (ROE) was -4.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 33.1 %, 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. TANDLÆGESELSKABET LENE RING ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 814.13 | 2 867.23 | 3 290.29 | 3 505.88 | 3 902.35 |
EBIT | 65.17 | -84.81 | 128.28 | 21.76 | 15.58 |
Net earnings | 6.85 | - 109.04 | 40.25 | - 132.91 | -54.30 |
Shareholders equity total | 1 774.32 | 1 554.68 | 1 481.93 | 1 234.63 | 1 062.53 |
Balance sheet total (assets) | 2 824.81 | 2 667.36 | 3 100.10 | 3 214.44 | 3 215.50 |
Net debt | -2 251.03 | -2 122.01 | -2 304.84 | -2 395.55 | -2 708.44 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.4 % | -3.1 % | 4.6 % | 0.7 % | 2.0 % |
ROE | 0.4 % | -6.6 % | 2.7 % | -9.8 % | -4.7 % |
ROI | 3.3 % | -4.4 % | 7.2 % | 1.3 % | 4.6 % |
Economic value added (EVA) | 66.96 | -33.30 | 145.54 | 73.13 | 87.57 |
Solvency | |||||
Equity ratio | 62.9 % | 58.3 % | 47.8 % | 38.4 % | 33.1 % |
Gearing | 10.2 % | 21.8 % | 20.0 % | 27.3 % | 16.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.5 | 2.3 | 1.7 | 1.4 | 1.4 |
Current ratio | 2.5 | 2.3 | 1.7 | 1.4 | 1.4 |
Cash and cash equivalents | 2 432.38 | 2 460.85 | 2 601.24 | 2 732.69 | 2 884.57 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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