Nordic Medical Solutions Scandinavia ApS — Credit Rating and Financial Key Figures

CVR number: 40641246
Axeltorv 2 F, 1609 København V

Credit rating

Company information

Official name
Nordic Medical Solutions Scandinavia ApS
Personnel
1 person
Established
2019
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About Nordic Medical Solutions Scandinavia ApS

Nordic Medical Solutions Scandinavia ApS (CVR number: 40641246) is a company from KØBENHAVN. The company recorded a gross profit of 1805.7 kDKK in 2023. The operating profit was 641.6 kDKK, while net earnings were 509.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7 %, which can be considered decent but Return on Equity (ROE) was 19 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 12.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Nordic Medical Solutions Scandinavia ApS's liquidity measured by quick ratio was 0.4 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit4 389.5415 647.5612 208.075 186.211 805.69
EBIT2 006.0411 256.928 386.411 494.34641.58
Net earnings1 404.788 827.946 073.90650.94509.11
Shareholders equity total1 454.7810 282.738 528.683 855.721 509.11
Balance sheet total (assets)6 946.9315 206.8013 447.366 684.2313 051.10
Net debt4 247.36-5 847.44-6 600.56- 345.708 937.85
Profitability
EBIT-%
ROA28.9 %102.6 %58.5 %15.1 %7.0 %
ROE96.6 %150.4 %64.6 %10.5 %19.0 %
ROI35.1 %140.5 %86.4 %22.8 %8.9 %
Economic value added (EVA)1 529.988 680.766 286.221 044.39328.26
Solvency
Equity ratio21.0 %67.7 %63.7 %57.8 %12.1 %
Gearing294.0 %1.4 %5.1 %13.4 %629.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.94.93.52.00.4
Current ratio1.46.34.22.41.1
Cash and cash equivalents29.415 987.087 034.48862.11557.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAABBB

Variable visualization

ROA:7.01%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:12.1%
Rating: 12/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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