TANDLÆGE M. BALLING. STRUER ApS — Credit Rating and Financial Key Figures

CVR number: 12611803
Torsmark 52, 8700 Horsens

Credit rating

Company information

Official name
TANDLÆGE M. BALLING. STRUER ApS
Established
1988
Company form
Private limited company
Industry

About TANDLÆGE M. BALLING. STRUER ApS

TANDLÆGE M. BALLING. STRUER ApS (CVR number: 12611803) is a company from HORSENS. The company recorded a gross profit of -66.8 kDKK in 2023. The operating profit was -111.9 kDKK, while net earnings were 225.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.7 %, which can be considered decent and Return on Equity (ROE) was 5.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TANDLÆGE M. BALLING. STRUER ApS's liquidity measured by quick ratio was 116.2 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

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 profit959.12-30.52-40.21-39.38-66.81
EBIT735.5039.32-40.21-61.91- 111.89
Net earnings715.79369.00- 164.09136.91225.61
Shareholders equity total4 296.364 489.763 895.673 918.184 033.79
Balance sheet total (assets)4 496.574 576.643 910.703 933.224 054.85
Net debt-2 934.85-3 026.41-2 312.34-2 020.65-2 221.77
Profitability
EBIT-%
ROA19.3 %10.2 %4.6 %3.5 %5.7 %
ROE16.7 %8.4 %-3.9 %3.5 %5.7 %
ROI20.1 %10.5 %4.6 %3.5 %5.7 %
Economic value added (EVA)525.31-36.76- 113.10- 141.44- 206.57
Solvency
Equity ratio95.5 %98.1 %99.6 %99.6 %99.5 %
Gearing0.0 %0.0 %0.0 %0.0 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio14.7201.3157.0140.0116.2
Current ratio14.7201.3157.0140.0116.2
Cash and cash equivalents2 936.233 026.442 312.372 020.692 226.33
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:5.68%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.5%
Rating: 92/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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