TANDLÆGE KELD SØRENSEN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TANDLÆGE KELD SØRENSEN ApS
TANDLÆGE KELD SØRENSEN ApS (CVR number: 20403438) is a company from ODENSE. The company recorded a gross profit of -153.8 kDKK in 2023. The operating profit was -448.6 kDKK, while net earnings were -25 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.2 %, which can be considered weak but Return on Equity (ROE) was -3.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 31.4 %, 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. TANDLÆGE KELD SØRENSEN ApS's liquidity measured by quick ratio was 1.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | - 150.62 | - 143.83 | -99.64 | - 124.98 | - 153.77 |
| EBIT | - 446.90 | - 435.48 | - 412.58 | - 417.12 | - 448.64 |
| Net earnings | -28.70 | - 361.84 | 210.09 | - 371.74 | -25.01 |
| Shareholders equity total | 1 594.63 | 1 122.19 | 1 219.28 | 733.14 | 590.33 |
| Balance sheet total (assets) | 3 479.77 | 3 154.81 | 2 365.51 | 1 892.29 | 1 878.42 |
| Net debt | -3 066.28 | - 933.05 | -2 069.32 | -1 638.30 | -1 528.65 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 5.1 % | -8.0 % | 12.8 % | -6.2 % | 1.2 % |
| ROE | -1.7 % | -26.6 % | 17.9 % | -38.1 % | -3.8 % |
| ROI | 9.7 % | -11.5 % | 16.7 % | -13.5 % | 3.4 % |
| Economic value added (EVA) | - 525.13 | - 437.38 | - 647.38 | - 418.32 | - 477.29 |
| Solvency | |||||
| Equity ratio | 45.8 % | 35.6 % | 51.5 % | 38.7 % | 31.4 % |
| Gearing | 170.4 % | 0.4 % | |||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.8 | 1.5 | 2.0 | 1.6 | 1.5 |
| Current ratio | 1.8 | 1.5 | 2.0 | 1.6 | 1.5 |
| Cash and cash equivalents | 3 066.28 | 2 845.64 | 2 069.32 | 1 641.16 | 1 528.65 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BBB | BBB | BB | BB |
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