MEDION NORDIC A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MEDION NORDIC A/S
MEDION NORDIC A/S (CVR number: 79554715) is a company from HERLEV. The company reported a net sales of 3.8 mDKK in 2023, demonstrating a decline of -12.6 % compared to the previous year. The operating profit percentage was at 5.8 % (EBIT: 0.2 mDKK), while net earnings were 153.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.6 %, which can be considered good but Return on Equity (ROE) was 17.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 60.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. MEDION NORDIC A/S's liquidity measured by quick ratio was 2.5 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 5 211.44 | 4 211.19 | 4 117.63 | 4 399.05 | 3 845.81 |
Gross profit | 2 280.13 | 2 692.70 | 2 301.87 | 2 331.23 | 2 315.58 |
EBIT | 855.22 | 1 091.77 | 701.24 | 363.93 | 223.48 |
Net earnings | 441.84 | 898.49 | 471.37 | 167.24 | 153.23 |
Shareholders equity total | 1 757.24 | 2 655.72 | 3 127.09 | 794.34 | 947.56 |
Balance sheet total (assets) | 3 388.41 | 4 216.68 | 3 985.63 | 2 022.50 | 1 563.61 |
Net debt | -1 831.91 | -3 158.55 | -3 264.20 | - 890.14 | -1 084.15 |
Profitability | |||||
EBIT-% | 16.4 % | 25.9 % | 17.0 % | 8.3 % | 5.8 % |
ROA | 27.4 % | 30.6 % | 17.5 % | 12.6 % | 13.6 % |
ROE | 28.8 % | 40.7 % | 16.3 % | 8.5 % | 17.6 % |
ROI | 44.0 % | 42.1 % | 21.9 % | 16.3 % | 21.1 % |
Economic value added (EVA) | 701.80 | 875.93 | 600.46 | 299.57 | 81.52 |
Solvency | |||||
Equity ratio | 51.9 % | 63.0 % | 78.5 % | 39.3 % | 60.6 % |
Gearing | 26.6 % | 21.5 % | 5.9 % | 70.2 % | 2.0 % |
Relative net indebtedness % | -12.8 % | -51.5 % | -62.9 % | -5.0 % | -12.7 % |
Liquidity | |||||
Quick ratio | 2.2 | 2.7 | 4.6 | 1.6 | 2.5 |
Current ratio | 2.2 | 2.7 | 4.6 | 1.6 | 2.5 |
Cash and cash equivalents | 2 299.63 | 3 728.45 | 3 449.39 | 1 447.44 | 1 102.81 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 39.8 | 4.8 | 8.7 | 5.9 | 1.0 |
Net working capital % | 35.3 % | 63.1 % | 75.9 % | 18.1 % | 24.6 % |
Credit risk | |||||
Credit rating | A | BBB | BBB | BBB | BBB |
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