RADIOMETER MEDICAL ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About RADIOMETER MEDICAL ApS
RADIOMETER MEDICAL ApS (CVR number: 27509185) is a company from KØBENHAVN. The company reported a net sales of 5587.6 mDKK in 2023, demonstrating a growth of 1.5 % compared to the previous year. The operating profit percentage was at 20.5 % (EBIT: 1144.1 mDKK), while net earnings were 1018.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 23.1 %, which can be considered excellent and Return on Equity (ROE) was 24.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 74.9 %, 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. RADIOMETER MEDICAL ApS's liquidity measured by quick ratio was 2.6 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 | 4 344.06 | 4 686.74 | 5 047.16 | 5 505.97 | 5 587.56 |
Gross profit | 2 054.09 | 2 290.79 | 2 367.48 | 2 477.41 | 2 624.33 |
EBIT | 802.86 | 958.19 | 904.21 | 494.47 | 1 144.06 |
Net earnings | 715.81 | 824.46 | 783.41 | 477.89 | 1 018.83 |
Shareholders equity total | 6 262.49 | 7 084.60 | 5 368.77 | 3 946.79 | 4 367.50 |
Balance sheet total (assets) | 7 707.18 | 8 546.05 | 7 115.73 | 5 419.42 | 5 837.79 |
Net debt | 185.01 | 162.06 | 618.96 | 402.52 | 606.11 |
Profitability | |||||
EBIT-% | 18.5 % | 20.4 % | 17.9 % | 9.0 % | 20.5 % |
ROA | 7.9 % | 12.6 % | 12.4 % | 9.2 % | 23.1 % |
ROE | 7.2 % | 12.4 % | 12.6 % | 10.3 % | 24.5 % |
ROI | 8.4 % | 13.9 % | 13.7 % | 10.4 % | 26.3 % |
Economic value added (EVA) | 24.10 | 543.64 | 470.21 | 210.40 | 748.34 |
Solvency | |||||
Equity ratio | 81.3 % | 82.9 % | 75.5 % | 72.9 % | 74.9 % |
Gearing | 3.0 % | 2.5 % | 11.7 % | 11.3 % | 14.5 % |
Relative net indebtedness % | 21.3 % | 21.0 % | 26.0 % | 21.5 % | 22.7 % |
Liquidity | |||||
Quick ratio | 3.2 | 4.1 | 2.6 | 2.0 | 2.6 |
Current ratio | 3.4 | 4.2 | 2.7 | 2.3 | 2.8 |
Cash and cash equivalents | 3.72 | 16.12 | 9.09 | 44.38 | 26.28 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 12.2 | 13.0 | 15.1 | 8.4 | 13.6 |
Net working capital % | 51.6 % | 68.2 % | 44.2 % | 27.5 % | 40.5 % |
Credit risk | |||||
Credit rating | AA | AAA | AAA | AA | AA |
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