MD Solutions IVS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MD Solutions IVS
MD Solutions IVS (CVR number: 37777323) is a company from ODENSE. The company reported a net sales of 0 mDKK in 2019, demonstrating a decline of -93 % compared to the previous year. The operating profit percentage was poor at -172 % (EBIT: -0 mDKK), while net earnings were -18.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -19.1 %, which can be considered poor and Return on Equity (ROE) was -24.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 57.7 %, 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. MD Solutions IVS's liquidity measured by quick ratio was 2.4 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2017 | 2018 | 2019 | |
---|---|---|---|
Volume | |||
Net sales | 344.30 | 201.20 | 14.00 |
Gross profit | 324.51 | 164.44 | -8.73 |
EBIT | 167.13 | 90.40 | -24.08 |
Net earnings | 123.51 | 68.11 | -18.92 |
Shareholders equity total | 130.51 | 125.63 | 31.71 |
Balance sheet total (assets) | 177.97 | 196.68 | 54.99 |
Net debt | - 157.97 | - 186.68 | -38.91 |
Profitability | |||
EBIT-% | 48.5 % | 44.9 % | -172.0 % |
ROA | 93.9 % | 48.3 % | -19.1 % |
ROE | 94.6 % | 53.2 % | -24.1 % |
ROI | 128.1 % | 70.6 % | -29.4 % |
Economic value added (EVA) | 128.99 | 73.79 | -13.56 |
Solvency | |||
Equity ratio | 73.3 % | 63.9 % | 57.7 % |
Gearing | 19.6 % | ||
Relative net indebtedness % | -32.1 % | -57.5 % | -156.1 % |
Liquidity | |||
Quick ratio | 3.7 | 2.8 | 2.4 |
Current ratio | 3.7 | 2.8 | 2.4 |
Cash and cash equivalents | 157.97 | 186.68 | 45.14 |
Capital use efficiency | |||
Trade debtors turnover (days) | 21.2 | ||
Net working capital % | 37.9 % | 62.4 % | 226.5 % |
Credit risk | |||
Credit rating | BB | BB | B |
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