VARIAN MEDICAL SYSTEMS SCANDINAVIA A/S — Credit Rating and Financial Key Figures

CVR number: 29476012
Borupvang 9, 2750 Ballerup
tel: 44500100

Credit rating

Company information

Official name
VARIAN MEDICAL SYSTEMS SCANDINAVIA A/S
Personnel
38 persons
Established
1975
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About VARIAN MEDICAL SYSTEMS SCANDINAVIA A/S

VARIAN MEDICAL SYSTEMS SCANDINAVIA A/S (CVR number: 29476012) is a company from BALLERUP. The company reported a net sales of 287.7 mDKK in 2022, demonstrating a growth of 14.6 % compared to the previous year. The operating profit percentage was at 4.7 % (EBIT: 13.5 mDKK), while net earnings were 13.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.4 %, which can be considered good but Return on Equity (ROE) was 28.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 20.1 %, 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. VARIAN MEDICAL SYSTEMS SCANDINAVIA A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales354.29369.71318.70250.95287.65
Gross profit50.2961.9267.3753.1238.41
EBIT21.7227.1736.6627.8113.48
Net earnings16.0223.4228.3922.0113.39
Shareholders equity total53.7032.6244.2750.9341.72
Balance sheet total (assets)388.54373.51259.76224.97207.36
Net debt104.69-20.7433.08-59.26-45.07
Profitability
EBIT-%6.1 %7.3 %11.5 %11.1 %4.7 %
ROA6.7 %7.9 %11.8 %12.0 %8.4 %
ROE29.4 %54.3 %73.8 %46.2 %28.9 %
ROI10.3 %13.5 %19.2 %22.9 %18.8 %
Economic value added (EVA)18.1120.6637.4122.6512.47
Solvency
Equity ratio13.8 %8.7 %17.0 %22.6 %20.1 %
Gearing275.8 %564.9 %233.7 %75.4 %117.8 %
Relative net indebtedness %79.0 %32.3 %42.7 %27.6 %22.7 %
Liquidity
Quick ratio1.01.01.11.41.2
Current ratio1.21.11.31.51.4
Cash and cash equivalents43.39204.9970.3697.6894.19
Capital use efficiency
Trade debtors turnover (days)70.213.264.1120.886.3
Net working capital %17.9 %12.8 %17.7 %31.3 %21.0 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:8.42%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:20.1%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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