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 1.2 mDKK in 2024, demonstrating a growth of 167.5 % compared to the previous year. The operating profit percentage was at 195.4 % (EBIT: 2.4 mDKK), while net earnings were 2195.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24 %, which can be considered excellent and Return on Equity (ROE) was 22.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 98.3 %, 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 16 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
2020
2021
2022
2023
2024
Volume
Net sales1 707.48- 463.25589.57450.371 204.92
Gross profit2 615.47670.711 787.151 580.002 354.00
EBIT2 615.47670.711 787.151 580.002 354.00
Net earnings2 388.532 058.761 493.281 352.502 195.42
Shareholders equity total3 849.155 851.417 287.498 581.0910 715.51
Balance sheet total (assets)4 209.436 009.247 467.938 750.3810 906.36
Net debt-3 475.66-3 868.19-4 960.55-5 966.68-2 557.67
Profitability
EBIT-%153.2 %303.1 %350.8 %195.4 %
ROA87.8 %45.7 %26.5 %19.5 %24.0 %
ROE89.0 %42.4 %22.7 %17.0 %22.8 %
ROI97.4 %48.2 %27.2 %19.9 %24.4 %
Economic value added (EVA)2 331.06406.471 230.77961.241 653.45
Solvency
Equity ratio91.4 %97.4 %97.6 %98.1 %98.3 %
Gearing0.1 %0.1 %0.2 %0.2 %0.2 %
Relative net indebtedness %-182.6 %801.8 %-812.9 %-1290.5 %-197.8 %
Liquidity
Quick ratio10.227.128.535.316.0
Current ratio10.227.128.535.316.0
Cash and cash equivalents3 477.833 872.194 973.305 981.202 574.61
Capital use efficiency
Trade debtors turnover (days)44.0- 321.3108.981.7
Net working capital %194.6 %-889.8 %842.8 %1290.5 %236.8 %
Credit risk
Credit ratingBBBAAAAA

Variable visualization

ROA:24.0%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.3%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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