Abbott Medical Danmark A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Abbott Medical Danmark A/S
Abbott Medical Danmark A/S (CVR number: 17558501) is a company from GLOSTRUP. The company reported a net sales of 185.8 mDKK in 2023, demonstrating a decline of -1.2 % compared to the previous year. The operating profit percentage was at 3 % (EBIT: 5.6 mDKK), while net earnings were 7060.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.4 %, which can be considered decent and Return on Equity (ROE) was 5.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 74.7 %, 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 Medical Danmark A/S's liquidity measured by quick ratio was 3.7 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 222.31 | 213.96 | 239.64 | 188.12 | 185.83 |
Gross profit | 34.91 | 32.17 | 33.37 | 32.56 | 31.77 |
EBIT | 7.72 | 7.49 | 7.10 | 5.25 | 5.58 |
Net earnings | 5.67 | 5.26 | 5.26 | 4.05 | 7.06 |
Shareholders equity total | 110.60 | 115.86 | 121.09 | 125.14 | 132.20 |
Balance sheet total (assets) | 196.04 | 160.71 | 186.30 | 173.65 | 177.09 |
Net debt | 15.50 | -8.83 | 1.19 | ||
Profitability | |||||
EBIT-% | 3.5 % | 3.5 % | 3.0 % | 2.8 % | 3.0 % |
ROA | 4.3 % | 4.2 % | 4.1 % | 3.1 % | 5.4 % |
ROE | 5.3 % | 4.6 % | 4.4 % | 3.3 % | 5.5 % |
ROI | 4.3 % | 4.2 % | 4.5 % | 3.8 % | 6.6 % |
Economic value added (EVA) | 2.45 | 1.93 | -0.43 | -1.18 | -0.71 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 65.0 % | 72.1 % | 74.7 % |
Gearing | 28.6 % | 15.8 % | 9.7 % | ||
Relative net indebtedness % | 19.2 % | 10.6 % | 17.9 % | ||
Liquidity | |||||
Quick ratio | 2.6 | 3.3 | 3.7 | ||
Current ratio | 2.8 | 3.5 | 3.9 | ||
Cash and cash equivalents | 19.09 | 28.56 | 11.66 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | 77.3 | 57.0 | 60.7 | ||
Net working capital % | 49.7 % | 64.9 % | 69.6 % | ||
Credit risk | |||||
Credit rating | A | A | AAA | AAA | AAA |
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