TANDLÆGE JØRGEN SCHURMANN. STRUER ApS — Credit Rating and Financial Key Figures

CVR number: 20526513
Østergade 40, 7600 Struer

Credit rating

Company information

Official name
TANDLÆGE JØRGEN SCHURMANN. STRUER ApS
Established
1963
Company form
Private limited company
Industry

About TANDLÆGE JØRGEN SCHURMANN. STRUER ApS

TANDLÆGE JØRGEN SCHURMANN. STRUER ApS (CVR number: 20526513) is a company from STRUER. The company recorded a gross profit of 1726.7 kDKK in 2023. The operating profit was -195.8 kDKK, while net earnings were -69.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.1 %, which can be considered poor and Return on Equity (ROE) was -2.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 71.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. TANDLÆGE JØRGEN SCHURMANN. STRUER ApS's liquidity measured by quick ratio was 0.3 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 sales
Gross profit1 469.162 352.381 921.111 701.671 726.66
EBIT343.001 143.34942.54949.28- 195.77
Net earnings291.051 105.34788.95751.04-69.82
Shareholders equity total1 381.162 336.502 525.452 676.492 486.66
Balance sheet total (assets)2 377.103 811.134 140.023 990.243 494.20
Net debt750.251 104.291 316.10753.42760.44
Profitability
EBIT-%
ROA19.1 %43.5 %28.9 %25.5 %-0.1 %
ROE20.3 %59.5 %32.5 %28.9 %-2.7 %
ROI18.5 %47.0 %27.3 %27.6 %-0.1 %
Economic value added (EVA)215.93939.69695.71627.49- 327.51
Solvency
Equity ratio58.1 %61.3 %61.0 %67.1 %71.2 %
Gearing57.9 %47.3 %54.6 %35.3 %31.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.00.10.20.3
Current ratio0.50.00.10.20.3
Cash and cash equivalents49.970.2463.90191.589.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAABBB

Variable visualization

ROA:-0.13%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.2%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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