MERIT MEDICAL DENMARK A/S — Credit Rating and Financial Key Figures

CVR number: 30076478
Lyngby Hovedgade 10 C, 2800 Kongens Lyngby
bij@pwc.dk

Credit rating

Company information

Official name
MERIT MEDICAL DENMARK A/S
Personnel
1 person
Established
2006
Company form
Limited company
Industry

About MERIT MEDICAL DENMARK A/S

MERIT MEDICAL DENMARK A/S (CVR number: 30076478) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 6619.1 kDKK in 2024. The operating profit was 1974.6 kDKK, while net earnings were 1842.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.5 %, which can be considered good and Return on Equity (ROE) was 14.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 72.4 %, 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. MERIT MEDICAL DENMARK A/S's liquidity measured by quick ratio was 3.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit7 638.597 003.976 264.948 049.746 619.06
EBIT2 847.111 742.601 294.462 912.171 974.64
Net earnings2 140.731 152.99977.112 469.501 842.54
Shareholders equity total7 333.788 486.779 463.8811 933.3713 775.91
Balance sheet total (assets)18 311.4218 316.6822 437.0720 078.8519 033.51
Net debt-6 632.73-3 335.56- 781.56-4 950.13-11 014.59
Profitability
EBIT-%
ROA14.5 %10.4 %6.6 %15.1 %12.5 %
ROE34.2 %14.6 %10.9 %23.1 %14.3 %
ROI20.8 %15.3 %8.6 %19.4 %15.6 %
Economic value added (EVA)1 364.65812.66302.791 386.74709.12
Solvency
Equity ratio40.1 %46.3 %42.2 %59.4 %72.4 %
Gearing44.6 %63.0 %83.1 %32.1 %13.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.71.91.72.43.6
Current ratio1.71.91.72.53.6
Cash and cash equivalents9 904.458 680.068 642.128 775.1812 865.40
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAABBB

Variable visualization

ROA:12.5%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.4%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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