Nordic Medical Group ApS — Credit Rating and Financial Key Figures

CVR number: 38931156
Uraniavej 1, 8260 Viby J

Company information

Official name
Nordic Medical Group ApS
Established
2017
Company form
Private limited company
Industry

About Nordic Medical Group ApS

Nordic Medical Group ApS (CVR number: 38931156) is a company from AARHUS. The company reported a net sales of 0.5 mDKK in 2023, demonstrating a decline of -23.6 % compared to the previous year. The operating profit percentage was at 350.8 % (EBIT: 1.6 mDKK), while net earnings were 1352.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.5 %, which can be considered excellent and Return on Equity (ROE) was 17 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 98.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Nordic Medical Group ApS's liquidity measured by quick ratio was 35.3 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales85.581 707.48- 463.25589.57450.37
Gross profit1 105.102 615.47670.711 787.151 580.00
EBIT1 105.102 615.47670.711 787.151 580.00
Net earnings871.482 388.532 058.761 493.281 352.50
Shareholders equity total1 515.923 849.155 851.417 287.498 581.09
Balance sheet total (assets)1 754.504 209.436 009.247 467.938 750.38
Net debt-1 425.56-3 475.66-3 868.19-4 960.55-5 966.68
Profitability
EBIT-%1291.2 %153.2 %303.1 %350.8 %
ROA82.3 %87.8 %45.7 %26.5 %19.5 %
ROE76.5 %89.0 %42.4 %22.7 %17.0 %
ROI96.1 %97.4 %48.2 %27.2 %19.9 %
Economic value added (EVA)897.062 429.54619.591 584.251 429.75
Solvency
Equity ratio86.4 %91.4 %97.4 %97.6 %98.1 %
Gearing0.7 %0.1 %0.1 %0.2 %0.2 %
Relative net indebtedness %-1399.3 %-182.6 %801.8 %-812.9 %-1290.5 %
Liquidity
Quick ratio6.010.227.128.535.3
Current ratio6.010.227.128.535.3
Cash and cash equivalents1 436.173 477.833 872.194 973.305 981.20
Capital use efficiency
Trade debtors turnover (days)44.0- 321.3108.9
Net working capital %1265.5 %194.6 %-889.8 %842.8 %1290.5 %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:19.5%
Rating: 73/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.1%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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