MEDICOLOGIC A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MEDICOLOGIC A/S
MEDICOLOGIC A/S (CVR number: 26686393) is a company from KØBENHAVN. The company reported a net sales of 6.5 mDKK in 2024, demonstrating a decline of -27.1 % compared to the previous year. The operating profit percentage was at 2.3 % (EBIT: 0.1 mDKK), while net earnings were 157.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.1 %, which can be considered decent but Return on Equity (ROE) was 18.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. MEDICOLOGIC A/S's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 7 205.58 | 11 166.79 | 9 154.91 | 8 958.16 | 6 534.61 |
Gross profit | 2 097.43 | 2 677.95 | 2 204.56 | 1 798.68 | 1 474.71 |
EBIT | 1 505.01 | 179.58 | 349.73 | -26.05 | 148.18 |
Net earnings | 1 491.13 | 155.55 | 335.94 | -20.21 | 157.86 |
Shareholders equity total | 439.92 | 595.46 | 931.41 | 911.19 | 769.05 |
Balance sheet total (assets) | 3 780.63 | 3 756.07 | 3 128.60 | 2 973.62 | 2 319.89 |
Net debt | - 245.15 | -1 763.16 | -1 810.57 | -1 827.05 | 58.55 |
Profitability | |||||
EBIT-% | 20.9 % | 1.6 % | 3.8 % | -0.3 % | 2.3 % |
ROA | 46.2 % | 4.8 % | 10.2 % | -0.7 % | 6.1 % |
ROE | 137.2 % | 30.0 % | 44.0 % | -2.2 % | 18.8 % |
ROI | 117.3 % | 21.3 % | 44.2 % | -2.1 % | 18.1 % |
Economic value added (EVA) | 1 481.15 | 126.31 | 318.39 | -74.20 | 100.73 |
Solvency | |||||
Equity ratio | 12.2 % | 15.9 % | 29.8 % | 30.6 % | 33.2 % |
Gearing | 141.0 % | 4.7 % | 2.9 % | 2.0 % | 11.5 % |
Relative net indebtedness % | 34.4 % | 12.3 % | 3.9 % | 2.4 % | 23.3 % |
Liquidity | |||||
Quick ratio | 1.5 | 1.2 | 1.4 | 1.4 | 1.5 |
Current ratio | 1.4 | 1.2 | 1.4 | 1.4 | 1.5 |
Cash and cash equivalents | 865.25 | 1 791.44 | 1 837.36 | 1 845.36 | 29.83 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 144.2 | 63.4 | 50.8 | 45.4 | 127.4 |
Net working capital % | 14.1 % | 5.2 % | 10.0 % | 10.1 % | 11.7 % |
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BB |
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