Merck Life Science A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Merck Life Science A/S
Merck Life Science A/S (CVR number: 20830131) is a company from GLADSAXE. The company reported a net sales of 1398.6 mDKK in 2023, demonstrating a growth of 11.3 % compared to the previous year. The operating profit percentage was at 6.6 % (EBIT: 91.7 mDKK), while net earnings were 73.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 34.3 %, which can be considered excellent and Return on Equity (ROE) was 36.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 74.3 %, 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. Merck Life Science A/S's liquidity measured by quick ratio was 3.9 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 626.92 | 768.19 | 1 008.60 | 1 256.09 | 1 398.64 |
Gross profit | 53.45 | 72.10 | 69.75 | 80.13 | 119.75 |
EBIT | 36.85 | 54.15 | 51.58 | 57.88 | 91.70 |
Net earnings | 27.39 | 41.28 | 37.72 | 46.00 | 73.61 |
Shareholders equity total | 135.69 | 176.97 | 214.69 | 166.25 | 239.86 |
Balance sheet total (assets) | 181.67 | 237.29 | 249.89 | 233.19 | 322.68 |
Net debt | 0.36 | 0.01 | |||
Profitability | |||||
EBIT-% | 5.9 % | 7.0 % | 5.1 % | 4.6 % | 6.6 % |
ROA | 27.4 % | 25.8 % | 21.2 % | 24.1 % | 34.3 % |
ROE | 27.0 % | 26.4 % | 19.3 % | 24.2 % | 36.3 % |
ROI | 28.6 % | 25.8 % | 21.2 % | 27.9 % | 46.8 % |
Economic value added (EVA) | 35.08 | 47.33 | 42.69 | 34.93 | 58.22 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 71.3 % | 74.3 % |
Gearing | 0.2 % | 0.0 % | |||
Relative net indebtedness % | 5.3 % | 5.9 % | |||
Liquidity | |||||
Quick ratio | 3.4 | 3.9 | |||
Current ratio | 3.5 | 3.9 | |||
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 57.1 | 48.9 | |||
Net working capital % | 13.0 % | 17.1 % | |||
Credit risk | |||||
Credit rating | A | BBB | BBB | A | A |
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