Medlog Denmark A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Medlog Denmark A/S
Medlog Denmark A/S (CVR number: 39192926) is a company from AARHUS. The company reported a net sales of 75 mDKK in 2023, demonstrating a growth of 0.7 % compared to the previous year. The operating profit percentage was at 16.1 % (EBIT: 12.1 mDKK), while net earnings were 8105 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.3 %, which can be considered excellent and Return on Equity (ROE) was 29 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 41.6 %, 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. Medlog Denmark A/S's liquidity measured by quick ratio was 1.6 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 14.72 | 58.58 | 82.31 | 74.50 | 75.02 |
Gross profit | 8.41 | 41.77 | 57.36 | 47.21 | 51.73 |
EBIT | -3.31 | 15.47 | 20.46 | 5.97 | 12.08 |
Net earnings | -3.82 | 10.77 | 14.46 | 3.07 | 8.11 |
Shareholders equity total | -2.46 | 8.31 | 22.77 | 23.85 | 31.95 |
Balance sheet total (assets) | 53.23 | 71.97 | 78.35 | 72.67 | 76.23 |
Net debt | 28.52 | 22.83 | 11.57 | 4.68 | -2.06 |
Profitability | |||||
EBIT-% | -22.5 % | 26.4 % | 24.9 % | 8.0 % | 16.1 % |
ROA | -9.8 % | 24.2 % | 27.2 % | 8.0 % | 16.3 % |
ROE | -14.3 % | 35.0 % | 93.0 % | 13.2 % | 29.0 % |
ROI | -11.3 % | 26.3 % | 29.6 % | 8.7 % | 17.7 % |
Economic value added (EVA) | -2.58 | 11.71 | 15.27 | 3.60 | 8.51 |
Solvency | |||||
Equity ratio | -4.4 % | 11.6 % | 29.1 % | 32.7 % | 41.6 % |
Gearing | -1161.6 % | 282.4 % | 70.8 % | 44.0 % | 19.3 % |
Relative net indebtedness % | 378.2 % | 107.6 % | 62.0 % | 57.7 % | 48.0 % |
Liquidity | |||||
Quick ratio | 0.4 | 0.8 | 1.0 | 0.9 | 1.6 |
Current ratio | 0.5 | 0.9 | 1.1 | 1.0 | 1.9 |
Cash and cash equivalents | 0.65 | 4.55 | 5.82 | 8.24 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 1.1 | 0.7 | 1.3 | 0.8 | |
Net working capital % | -38.7 % | -4.2 % | 2.3 % | 1.1 % | 13.3 % |
Credit risk | |||||
Credit rating | BBB | A | A | AA | AA |
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