GM MEDICAL A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About GM MEDICAL A/S
GM MEDICAL A/S (CVR number: 25639375) is a company from ISHØJ. The company recorded a gross profit of 8598.2 kDKK in 2024. The operating profit was -1641.3 kDKK, while net earnings were -1438.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.1 %, which can be considered poor and Return on Equity (ROE) was -20.9 %, which can be considered poor. 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. GM MEDICAL A/S's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 10 011.00 | 8 934.00 | 9 320.00 | 7 121.00 | 8 598.19 |
EBIT | 5 318.00 | 4 049.00 | 4 113.00 | 2 436.00 | -1 641.26 |
Net earnings | 4 669.00 | 4 119.00 | 3 907.00 | 1 806.00 | -1 438.07 |
Shareholders equity total | 8 127.00 | 8 269.00 | 9 107.00 | 7 593.00 | 6 154.60 |
Balance sheet total (assets) | 24 195.00 | 19 380.00 | 17 459.00 | 13 898.00 | 18 534.69 |
Net debt | -1 504.00 | - 438.00 | 2 123.00 | 1 992.00 | 1 823.62 |
Profitability | |||||
EBIT-% | |||||
ROA | 28.4 % | 24.1 % | 27.0 % | 15.8 % | -10.1 % |
ROE | 68.2 % | 50.2 % | 45.0 % | 21.6 % | -20.9 % |
ROI | 79.1 % | 59.5 % | 50.7 % | 23.7 % | -15.8 % |
Economic value added (EVA) | 4 125.12 | 2 973.14 | 2 922.09 | 1 467.90 | -1 759.83 |
Solvency | |||||
Equity ratio | 33.6 % | 42.7 % | 52.2 % | 54.6 % | 33.2 % |
Gearing | 14.0 % | 0.9 % | 23.3 % | 26.2 % | 76.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 0.9 | 1.0 | 0.9 | 0.8 |
Current ratio | 1.4 | 1.5 | 1.9 | 2.0 | 1.4 |
Cash and cash equivalents | 2 642.00 | 515.00 | 2 895.15 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | A | BBB |
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