TANDLÆGE ERLING NØRGAARD ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TANDLÆGE ERLING NØRGAARD ApS
TANDLÆGE ERLING NØRGAARD ApS (CVR number: 16171441) is a company from AARHUS. The company recorded a gross profit of -242.4 kDKK in 2023. The operating profit was -1823 kDKK, while net earnings were 369.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.6 %, which can be considered good but Return on Equity (ROE) was 8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 63.1 %, 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 ERLING NØRGAARD ApS's liquidity measured by quick ratio was 2.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 220.89 | - 367.08 | - 305.18 | - 252.65 | - 242.41 |
EBIT | -1 629.85 | -1 811.32 | -1 868.65 | -1 859.33 | -1 822.97 |
Net earnings | 1 289.99 | - 134.14 | 776.17 | -1 976.51 | 369.45 |
Shareholders equity total | 6 483.51 | 6 149.37 | 6 725.55 | 4 549.04 | 4 718.49 |
Balance sheet total (assets) | 8 665.97 | 8 681.08 | 9 436.61 | 7 213.21 | 7 479.16 |
Net debt | -6 655.08 | -4 904.35 | -7 652.97 | -5 188.85 | -5 754.22 |
Profitability | |||||
EBIT-% | |||||
ROA | 22.4 % | -0.4 % | 12.7 % | 0.8 % | 9.6 % |
ROE | 21.7 % | -2.1 % | 12.1 % | -35.1 % | 8.0 % |
ROI | 29.4 % | -0.5 % | 15.1 % | 1.1 % | 15.2 % |
Economic value added (EVA) | -1 158.35 | -1 765.31 | -2 271.44 | -1 580.34 | -1 943.25 |
Solvency | |||||
Equity ratio | 74.6 % | 70.8 % | 71.3 % | 63.1 % | 63.1 % |
Gearing | 30.7 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.6 | 3.1 | 3.3 | 2.2 | 2.3 |
Current ratio | 3.6 | 3.1 | 3.3 | 2.2 | 2.3 |
Cash and cash equivalents | 6 655.08 | 6 791.83 | 7 652.97 | 5 188.85 | 5 754.22 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | A | BBB | A |
Variable visualization
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