MED 2016 ApS — Credit Rating and Financial Key Figures

CVR number: 37364576
Lille Torv 6, 8000 Aarhus C

Credit rating

Company information

Official name
MED 2016 ApS
Established
2016
Company form
Private limited company
Industry

About MED 2016 ApS

MED 2016 ApS (CVR number: 37364576) is a company from AARHUS. The company recorded a gross profit of 1289.4 kDKK in 2023. The operating profit was 1289.4 kDKK, while net earnings were 962.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 28.8 %, which can be considered excellent and Return on Equity (ROE) was 174.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 14.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. MED 2016 ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1.083.51-6.541 289.43
EBIT-8.941.083.51-6.541 289.43
Net earnings-9.430.412.79-19.85962.20
Shareholders equity total86.8887.3090.0870.241 032.44
Balance sheet total (assets)94.8895.4098.081 832.857 133.87
Net debt-94.88-85.40-86.081 621.565 775.78
Profitability
EBIT-%
ROA-9.0 %1.1 %3.6 %-0.7 %28.8 %
ROE-10.3 %0.5 %3.1 %-24.8 %174.5 %
ROI-9.8 %1.2 %4.0 %-0.7 %30.1 %
Economic value added (EVA)-8.531.483.42-6.741 019.33
Solvency
Equity ratio91.6 %91.5 %91.8 %3.8 %14.5 %
Gearing2402.8 %560.8 %
Relative net indebtedness %
Liquidity
Quick ratio11.911.812.30.00.7
Current ratio11.911.812.30.00.7
Cash and cash equivalents94.8885.4086.0866.1114.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:28.8%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:14.5%
Rating: 14/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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