MED24.DK ApS — Credit Rating and Financial Key Figures

CVR number: 28520832
Løkkensholmsvej 6, Løkken 9480 Løkken
tel: 96672092

Credit rating

Company information

Official name
MED24.DK ApS
Personnel
237 persons
Established
2005
Domicile
Løkken
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About MED24.DK ApS

MED24.DK ApS (CVR number: 28520832) is a company from HJØRRING. The company recorded a gross profit of 52.7 mDKK in 2023. The operating profit was 7360.8 kDKK, while net earnings were 7624.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.6 %, which can be considered good and Return on Equity (ROE) was 14.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 53.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MED24.DK ApS's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit26 208.5552 128.2161 341.2552 438.6952 737.76
EBIT7 209.3623 214.0722 362.9710 352.787 360.84
Net earnings5 345.5917 659.6117 742.797 765.007 624.53
Shareholders equity total15 519.3232 178.9345 921.7249 686.7253 311.25
Balance sheet total (assets)35 879.3072 663.1389 268.7683 372.8199 642.20
Net debt2 639.85-6 364.56586.00-10 388.24-2 120.52
Profitability
EBIT-%
ROA23.5 %44.3 %28.7 %12.7 %11.6 %
ROE41.0 %74.0 %45.4 %16.2 %14.8 %
ROI43.4 %87.2 %52.1 %20.0 %17.8 %
Economic value added (EVA)5 119.9117 375.2016 194.715 848.423 866.03
Solvency
Equity ratio43.3 %44.3 %51.4 %59.6 %53.5 %
Gearing18.1 %2.8 %6.3 %3.7 %5.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.50.40.80.5
Current ratio1.71.82.02.52.2
Cash and cash equivalents173.027 269.502 293.4412 203.264 808.70
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAAA

Variable visualization

ROA:11.6%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.5%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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