TANDLÆGESELSKABET LENE RING ApS — Credit Rating and Financial Key Figures

CVR number: 26988284
Sct Jørgens Park 34, 4700 Næstved
tel: 55441734

Credit rating

Company information

Official name
TANDLÆGESELSKABET LENE RING ApS
Personnel
1 person
Established
2004
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 814.132 867.233 290.293 505.883 902.35
EBIT65.17-84.81128.2821.7615.58
Net earnings6.85- 109.0440.25- 132.91-54.30
Shareholders equity total1 774.321 554.681 481.931 234.631 062.53
Balance sheet total (assets)2 824.812 667.363 100.103 214.443 215.50
Net debt-2 251.03-2 122.01-2 304.84-2 395.55-2 708.44
Profitability
EBIT-%
ROA2.4 %-3.1 %4.6 %0.7 %2.0 %
ROE0.4 %-6.6 %2.7 %-9.8 %-4.7 %
ROI3.3 %-4.4 %7.2 %1.3 %4.6 %
Economic value added (EVA)66.96-33.30145.5473.1387.57
Solvency
Equity ratio62.9 %58.3 %47.8 %38.4 %33.1 %
Gearing10.2 %21.8 %20.0 %27.3 %16.6 %
Relative net indebtedness %
Liquidity
Quick ratio2.52.31.71.41.4
Current ratio2.52.31.71.41.4
Cash and cash equivalents2 432.382 460.852 601.242 732.692 884.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:2.02%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:33.1%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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