DEVOMEDIC ApS — Credit Rating and Financial Key Figures

CVR number: 33595085
Ålykkegade 13, 6000 Kolding
info@devomedic.com

Credit rating

Company information

Official name
DEVOMEDIC ApS
Personnel
2 persons
Established
2011
Company form
Private limited company
Industry

About DEVOMEDIC ApS

DEVOMEDIC ApS (CVR number: 33595085) is a company from KOLDING. The company recorded a gross profit of 1857.6 kDKK in 2024. The operating profit was 383.5 kDKK, while net earnings were 171.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.7 %, which can be considered good and Return on Equity (ROE) was 12 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 34.9 %, 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. DEVOMEDIC ApS's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit499.86894.67951.69991.371 857.64
EBIT110.15534.16543.85104.24383.51
Net earnings86.90366.98332.68-46.16171.91
Shareholders equity total807.101 174.081 449.561 344.501 516.41
Balance sheet total (assets)1 072.494 031.094 268.944 457.544 344.35
Net debt- 694.182 483.072 448.012 215.152 158.25
Profitability
EBIT-%
ROA11.2 %20.9 %13.1 %2.4 %8.7 %
ROE11.4 %37.0 %25.4 %-3.3 %12.0 %
ROI15.3 %23.8 %14.3 %2.7 %9.9 %
Economic value added (EVA)48.11364.95216.42-82.6994.83
Solvency
Equity ratio75.3 %29.1 %34.0 %30.2 %34.9 %
Gearing212.9 %172.5 %185.9 %159.8 %
Relative net indebtedness %
Liquidity
Quick ratio3.00.10.60.60.5
Current ratio3.50.31.30.80.5
Cash and cash equivalents694.1816.9351.99284.85265.14
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:8.73%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:34.9%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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