GE HEALTHCARE DANMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About GE HEALTHCARE DANMARK A/S
GE HEALTHCARE DANMARK A/S (CVR number: 26527791) is a company from BRØNDBY. The company reported a net sales of 407.6 mDKK in 2023, demonstrating a growth of 20.1 % compared to the previous year. The operating profit percentage was at 3.9 % (EBIT: 16 mDKK), while net earnings were 16 mDKK. The profitability of the company measured by Return on Assets (ROA) was 17.2 %, which can be considered excellent and Return on Equity (ROE) was 25.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 27 %, 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. GE HEALTHCARE DANMARK A/S's liquidity measured by quick ratio was 1.3 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 392.30 | 385.70 | 378.30 | 339.39 | 407.60 |
Gross profit | 94.10 | 97.00 | 89.50 | 82.68 | 94.19 |
EBIT | 12.20 | 18.50 | 14.20 | 13.80 | 15.95 |
Net earnings | 7.60 | 13.60 | 10.90 | 11.31 | 16.03 |
Shareholders equity total | 57.70 | 71.30 | 107.60 | 53.87 | 69.90 |
Balance sheet total (assets) | 278.30 | 308.90 | 268.80 | 302.39 | 254.88 |
Net debt | 123.04 | 62.75 | |||
Profitability | |||||
EBIT-% | 3.1 % | 4.8 % | 3.8 % | 4.1 % | 3.9 % |
ROA | 4.2 % | 6.3 % | 4.9 % | 8.6 % | 17.2 % |
ROE | 14.1 % | 21.1 % | 12.2 % | 14.0 % | 25.9 % |
ROI | 4.2 % | 6.3 % | 4.9 % | 11.0 % | 30.3 % |
Economic value added (EVA) | 9.68 | 15.60 | 10.62 | 5.32 | 9.69 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 17.7 % | 27.0 % |
Gearing | 228.4 % | 89.8 % | |||
Relative net indebtedness % | 73.2 % | 45.4 % | |||
Liquidity | |||||
Quick ratio | 1.1 | 1.3 | |||
Current ratio | 1.2 | 1.4 | |||
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 56.5 | 54.3 | |||
Net working capital % | 16.5 % | 18.1 % | |||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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