Processive MedTech Development Services ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Processive MedTech Development Services ApS
Processive MedTech Development Services ApS (CVR number: 41589604) is a company from KØBENHAVN. The company recorded a gross profit of 1666.2 kDKK in 2023. The operating profit was -265.8 kDKK, while net earnings were -206.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -34.5 %, which can be considered poor and Return on Equity (ROE) was -55.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 36.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Processive MedTech Development Services ApS's liquidity measured by quick ratio was 1.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | |
|---|---|---|---|
| Volume | |||
| Net sales | |||
| Gross profit | 1 807.75 | 2 357.77 | 1 666.19 |
| EBIT | 460.51 | 365.32 | - 265.78 |
| Net earnings | 356.58 | 283.60 | - 206.83 |
| Shareholders equity total | 369.60 | 538.20 | 201.37 |
| Balance sheet total (assets) | 683.47 | 986.29 | 553.33 |
| Net debt | - 352.47 | - 625.97 | - 148.85 |
| Profitability | |||
| EBIT-% | |||
| ROA | 67.4 % | 43.8 % | -34.5 % |
| ROE | 96.5 % | 62.5 % | -55.9 % |
| ROI | 114.8 % | 69.9 % | -62.7 % |
| Economic value added (EVA) | 358.43 | 285.37 | - 197.51 |
| Solvency | |||
| Equity ratio | 54.1 % | 54.6 % | 36.4 % |
| Gearing | 8.6 % | 19.8 % | |
| Relative net indebtedness % | |||
| Liquidity | |||
| Quick ratio | 3.1 | 2.6 | 1.5 |
| Current ratio | 3.1 | 2.6 | 1.5 |
| Cash and cash equivalents | 384.15 | 732.32 | 148.85 |
| Capital use efficiency | |||
| Trade debtors turnover (days) | |||
| Net working capital % | |||
| Credit risk | |||
| Credit rating | BBB | BBB | BBB |
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