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MEDIC MERIDIAN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MEDIC MERIDIAN ApS
MEDIC MERIDIAN ApS (CVR number: 27964109) is a company from AARHUS. The company reported a net sales of 0.1 mDKK in 2024, demonstrating a decline of -80.8 % compared to the previous year. The operating profit percentage was poor at -391.8 % (EBIT: -0.2 mDKK), while net earnings were -196.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.9 %, which can be considered poor and Return on Equity (ROE) was -24.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 59 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MEDIC MERIDIAN ApS'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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 560.21 | 261.22 | 50.26 | ||
| Gross profit | 284.93 | 748.65 | 160.54 | 2.19 | - 117.35 |
| EBIT | 214.00 | 599.38 | 64.28 | -84.42 | - 196.92 |
| Net earnings | 211.71 | 598.39 | 63.21 | -84.46 | - 196.73 |
| Shareholders equity total | 314.35 | 912.81 | 975.74 | 891.50 | 690.33 |
| Balance sheet total (assets) | 636.38 | 1 151.43 | 1 249.56 | 1 308.21 | 1 170.47 |
| Net debt | 165.22 | 42.55 | 165.55 | 334.35 | 447.55 |
| Profitability | |||||
| EBIT-% | 11.5 % | -32.3 % | -391.8 % | ||
| ROA | 42.6 % | 67.1 % | 5.4 % | -6.6 % | -15.9 % |
| ROE | 101.5 % | 97.5 % | 6.7 % | -9.0 % | -24.9 % |
| ROI | 47.8 % | 72.5 % | 5.6 % | -6.8 % | -16.1 % |
| Economic value added (EVA) | 195.97 | 572.42 | 8.16 | - 144.34 | - 262.15 |
| Solvency | |||||
| Equity ratio | 49.4 % | 79.3 % | 78.1 % | 68.1 % | 59.0 % |
| Gearing | 70.7 % | 22.3 % | 22.2 % | 45.6 % | 66.2 % |
| Relative net indebtedness % | 39.8 % | 131.8 % | 936.6 % | ||
| Liquidity | |||||
| Quick ratio | 2.0 | 4.8 | 4.6 | 3.1 | 2.5 |
| Current ratio | 2.0 | 4.8 | 4.6 | 3.1 | 2.5 |
| Cash and cash equivalents | 57.04 | 161.37 | 51.09 | 72.32 | 9.42 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 125.7 | 161.6 | 374.1 | ||
| Net working capital % | 174.2 % | 341.3 % | 1388.0 % | ||
| Credit risk | |||||
| Credit rating | BBB | BBB | A | BBB | BBB |
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