ABBOTT LABORATORIES A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ABBOTT LABORATORIES A/S
ABBOTT LABORATORIES A/S (CVR number: 31528615) is a company from GLOSTRUP. The company reported a net sales of 327.4 mDKK in 2023, demonstrating a growth of 22.1 % compared to the previous year. The operating profit percentage was at 4.1 % (EBIT: 13.3 mDKK), while net earnings were 9168 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.5 %, which can be considered decent and Return on Equity (ROE) was 7.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 62.4 %, 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. ABBOTT LABORATORIES A/S's liquidity measured by quick ratio was 1.1 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 | 162.92 | 195.94 | 259.19 | 268.12 | 327.40 |
Gross profit | 39.78 | 39.75 | 44.16 | 51.18 | 62.60 |
EBIT | 7.83 | 6.15 | 7.69 | 8.04 | 13.33 |
Net earnings | 6.04 | 4.83 | 5.97 | 6.10 | 9.17 |
Shareholders equity total | 106.89 | 111.71 | 117.69 | 123.79 | 132.96 |
Balance sheet total (assets) | 178.47 | 164.58 | 183.20 | 207.59 | 218.29 |
Net debt | 38.19 | 26.52 | 42.29 | ||
Profitability | |||||
EBIT-% | 4.8 % | 3.1 % | 3.0 % | 3.0 % | 4.1 % |
ROA | 4.3 % | 3.6 % | 4.5 % | 4.3 % | 6.5 % |
ROE | 4.7 % | 4.4 % | 5.2 % | 5.1 % | 7.1 % |
ROI | 4.3 % | 3.6 % | 4.8 % | 4.8 % | 7.4 % |
Economic value added (EVA) | 0.25 | 0.78 | 0.37 | 5.33 | 10.85 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 65.0 % | 59.7 % | 62.4 % |
Gearing | 36.0 % | 49.6 % | 41.5 % | ||
Relative net indebtedness % | 22.9 % | 17.6 % | 21.5 % | ||
Liquidity | |||||
Quick ratio | 1.2 | 1.1 | 1.1 | ||
Current ratio | 1.3 | 1.3 | 1.3 | ||
Cash and cash equivalents | 4.18 | 34.82 | 12.88 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | 98.1 | 69.7 | 80.5 | ||
Net working capital % | 6.8 % | 8.7 % | 7.8 % | ||
Credit risk | |||||
Credit rating | A | A | AAA | AAA | AAA |
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