MILITARY EQUIPMENT DENMARK A/S

CVR number: 10705673
Virkelyst 1, Nørre Jernløse 4420 Regstrup
info@med.dk
tel: 46492599

Credit rating

Company information

Official name
MILITARY EQUIPMENT DENMARK A/S
Established
1987
Domicile
Nørre Jernløse
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About the company

MILITARY EQUIPMENT DENMARK A/S (CVR number: 10705673) is a company from HOLBÆK. The company recorded a gross profit of 24.1 mDKK in 2023. The operating profit was 13.1 mDKK, while net earnings were 9740.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 54 %, which can be considered excellent and Return on Equity (ROE) was 84.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 53.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MILITARY EQUIPMENT DENMARK A/S'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
20192020202120222023
Volume
Net sales
Gross profit13 743.1717 736.006 202.7311 058.0024 074.54
EBIT6 429.458 405.03-2 914.831 957.2413 106.38
Net earnings4 887.016 707.45-1 907.722 403.969 740.86
Shareholders equity total5 408.4612 115.914 208.196 612.1516 353.01
Balance sheet total (assets)14 886.1028 708.9613 413.1218 881.8430 410.21
Net debt4 756.093 933.424 265.758 850.549 623.31
Profitability
EBIT-%
ROA44.4 %40.7 %-10.7 %21.3 %54.0 %
ROE68.9 %76.5 %-23.4 %44.4 %84.8 %
ROI56.7 %66.8 %-17.9 %28.1 %64.0 %
Economic value added (EVA)4 411.816 386.41-2 893.071 181.719 972.26
Solvency
Equity ratio36.3 %42.2 %31.4 %35.0 %53.8 %
Gearing92.3 %33.5 %112.7 %134.5 %59.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.50.81.12.3
Current ratio1.61.61.01.32.4
Cash and cash equivalents235.32131.11476.2740.00101.80
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBAA

Variable visualization

ROA:54.0%
Rating: 97/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.8%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Chief executive officer
Chief executive officer

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