MEDITRONIC ApS — Credit Rating and Financial Key Figures

CVR number: 87260119
Dronning Louises Vej 14, 2920 Charlottenlund
meditronic@meditronic.dk
tel: 23992816

Credit rating

Company information

Official name
MEDITRONIC ApS
Established
1979
Company form
Private limited company
Industry

About MEDITRONIC ApS

MEDITRONIC ApS (CVR number: 87260119) is a company from GENTOFTE. The company recorded a gross profit of 0 kDKK in 2024. The operating profit was -38.4 kDKK, while net earnings were 978.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.5 %, which can be considered excellent and Return on Equity (ROE) was 23.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 72 %, 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. MEDITRONIC ApS's liquidity measured by quick ratio was 3.4 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit
EBIT13.37-12.26-38.36
Net earnings369.39224.58- 565.23791.54978.87
Shareholders equity total3 390.073 501.652 936.433 727.974 706.84
Balance sheet total (assets)3 616.459 711.908 766.935 789.046 539.98
Net debt-3 143.66-9 498.49-5 125.41-5 601.65-5 972.93
Profitability
EBIT-%
ROA25.9 %17.3 %13.1 %17.4 %27.5 %
ROE11.3 %6.5 %-17.6 %23.8 %23.2 %
ROI25.9 %32.0 %36.6 %37.3 %38.6 %
Economic value added (EVA)6.1210.22325.28103.2570.67
Solvency
Equity ratio93.7 %36.1 %33.5 %64.4 %72.0 %
Gearing6.7 %3.0 %1.7 %1.9 %5.7 %
Relative net indebtedness %
Liquidity
Quick ratio15.026.322.011.23.4
Current ratio15.026.322.011.23.4
Cash and cash equivalents3 370.049 603.745 175.415 673.456 242.98
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:27.5%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.0%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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