Core Med Tech Development ApS — Credit Rating and Financial Key Figures

CVR number: 37703788
Gydevang 35, 3450 Allerød
sv@coremedtech.dk
tel: 40405345

Company information

Official name
Core Med Tech Development ApS
Established
2016
Company form
Private limited company
Industry

About Core Med Tech Development ApS

Core Med Tech Development ApS (CVR number: 37703788) is a company from ALLERØD. The company recorded a gross profit of -84.9 kDKK in 2023. The operating profit was -84.9 kDKK, while net earnings were 1645.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.2 %, which can be considered good and Return on Equity (ROE) was 10.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 97.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Core Med Tech Development ApS's liquidity measured by quick ratio was 31.4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-51.72-1 769.69-13.49-31.66-84.88
EBIT-51.72-1 769.69-13.49-31.66-84.88
Net earnings1 881.4635 952.93-4 340.711 222.611 645.73
Shareholders equity total16 125.8327 078.7616 738.0415 960.6516 106.38
Balance sheet total (assets)17 135.2127 087.2017 056.5816 755.2716 496.56
Net debt478.71-9 691.97-3 542.01-2 242.61-1 004.93
Profitability
EBIT-%
ROA10.1 %162.7 %-19.1 %7.7 %10.2 %
ROE12.0 %166.4 %-19.8 %7.5 %10.3 %
ROI10.1 %162.8 %-19.2 %8.0 %10.6 %
Economic value added (EVA)- 222.83-1 884.95- 884.41- 687.67- 666.42
Solvency
Equity ratio94.1 %100.0 %98.1 %95.3 %97.6 %
Gearing6.2 %0.0 %0.0 %0.0 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio7.13 164.952.418.031.4
Current ratio7.13 164.952.418.031.4
Cash and cash equivalents525.679 692.583 542.632 243.231 005.55
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBAA

Variable visualization

ROA:10.2%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.6%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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