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 77.2 mDKK in 2024, demonstrating a growth of 2.9 % compared to the previous year. The operating profit percentage was at 9.1 % (EBIT: 7 mDKK), while net earnings were 4621 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.7 %, which can be considered good and Return on Equity (ROE) was 13.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 33.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Medlog Denmark A/S's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 58.58 | 82.31 | 74.50 | 75.02 | 77.21 |
Gross profit | 41.77 | 57.36 | 47.21 | 51.73 | 50.06 |
EBIT | 15.47 | 20.46 | 5.97 | 12.08 | 7.02 |
Net earnings | 10.77 | 14.46 | 3.07 | 8.11 | 4.62 |
Shareholders equity total | 8.31 | 22.77 | 23.85 | 31.95 | 34.57 |
Balance sheet total (assets) | 71.97 | 78.35 | 72.67 | 76.23 | 101.94 |
Net debt | 22.83 | 11.57 | 4.68 | -2.06 | 5.91 |
Profitability | |||||
EBIT-% | 26.4 % | 24.9 % | 8.0 % | 16.1 % | 9.1 % |
ROA | 24.2 % | 27.2 % | 8.0 % | 16.3 % | 8.7 % |
ROE | 35.0 % | 93.0 % | 13.2 % | 29.0 % | 13.9 % |
ROI | 26.3 % | 29.6 % | 8.7 % | 17.7 % | 9.3 % |
Economic value added (EVA) | 9.51 | 12.73 | 0.90 | 6.12 | 1.95 |
Solvency | |||||
Equity ratio | 11.6 % | 29.1 % | 32.7 % | 41.6 % | 33.7 % |
Gearing | 282.4 % | 70.8 % | 44.0 % | 19.3 % | 21.1 % |
Relative net indebtedness % | 107.6 % | 62.0 % | 57.7 % | 48.0 % | 85.4 % |
Liquidity | |||||
Quick ratio | 0.8 | 1.0 | 0.9 | 1.6 | 1.5 |
Current ratio | 0.9 | 1.1 | 1.0 | 1.9 | 1.8 |
Cash and cash equivalents | 0.65 | 4.55 | 5.82 | 8.24 | 1.40 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 0.7 | 1.3 | 0.8 | 0.5 | |
Net working capital % | -4.2 % | 2.3 % | 1.1 % | 13.3 % | 13.8 % |
Credit risk | |||||
Credit rating | A | A | AA | AA | AA |
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