MD SCIENTIFIC ApS

CVR number: 29789932
Klokkerfaldet 23, Hasle 8210 Aarhus V
marekd@md-scientific.dk
tel: 70278566

Credit rating

Company information

Official name
MD SCIENTIFIC ApS
Personnel
1 person
Established
2006
Domicile
Hasle
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About MD SCIENTIFIC ApS

MD SCIENTIFIC ApS (CVR number: 29789932) is a company from AARHUS. The company reported a net sales of 2.8 mDKK in 2023, demonstrating a decline of -27.4 % compared to the previous year. The operating profit percentage was at 3.8 % (EBIT: 0.1 mDKK), while net earnings were 78.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.7 %, which can be considered decent and Return on Equity (ROE) was 6.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 68 %, 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. MD SCIENTIFIC ApS's liquidity measured by quick ratio was 2.1 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales3 682.863 785.982 750.45
Gross profit869.91377.33994.75484.33
EBIT396.22728.96483.49617.00104.18
Net earnings274.89550.83363.16486.1378.77
Shareholders equity total- 110.41440.42803.581 289.711 268.47
Balance sheet total (assets)1 646.862 151.941 679.441 865.101 866.04
Net debt- 247.92- 913.69- 339.35- 671.22- 834.81
Profitability
EBIT-%13.1 %16.3 %3.8 %
ROA19.9 %37.3 %25.2 %34.8 %5.7 %
ROE15.8 %52.8 %58.4 %46.4 %6.2 %
ROI236.8 %331.0 %77.7 %59.0 %8.3 %
Economic value added (EVA)329.33582.22395.96467.0049.31
Solvency
Equity ratio-6.3 %20.5 %47.8 %69.1 %68.0 %
Gearing
Relative net indebtedness %14.6 %-2.5 %-8.6 %
Liquidity
Quick ratio0.50.91.31.92.1
Current ratio0.91.31.93.13.0
Cash and cash equivalents247.92913.69339.35671.22834.81
Capital use efficiency
Trade debtors turnover (days)63.532.141.1
Net working capital %21.8 %32.4 %44.3 %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:5.66%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.0%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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