TANDLÆGE ERLING NØRGAARD ApS — Credit Rating and Financial Key Figures

CVR number: 16171441
Viby Ringvej 10, 8260 Viby J
tel: 86146311

Company information

Official name
TANDLÆGE ERLING NØRGAARD ApS
Personnel
5 persons
Established
1992
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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 earnings1 289.99- 134.14776.17-1 976.51369.45
Shareholders equity total6 483.516 149.376 725.554 549.044 718.49
Balance sheet total (assets)8 665.978 681.089 436.617 213.217 479.16
Net debt-6 655.08-4 904.35-7 652.97-5 188.85-5 754.22
Profitability
EBIT-%
ROA22.4 %-0.4 %12.7 %0.8 %9.6 %
ROE21.7 %-2.1 %12.1 %-35.1 %8.0 %
ROI29.4 %-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 ratio74.6 %70.8 %71.3 %63.1 %63.1 %
Gearing30.7 %
Relative net indebtedness %
Liquidity
Quick ratio3.63.13.32.22.3
Current ratio3.63.13.32.22.3
Cash and cash equivalents6 655.086 791.837 652.975 188.855 754.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBABBBA

Variable visualization

ROA:9.60%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:63.1%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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