MEDICHANICAL ENGINEERING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MEDICHANICAL ENGINEERING ApS
MEDICHANICAL ENGINEERING ApS (CVR number: 33388381) is a company from AALBORG. The company recorded a gross profit of 375.6 kDKK in 2024. The operating profit was -14.3 mDKK, while net earnings were -13 mDKK. The profitability of the company measured by Return on Assets (ROA) was -121.6 %, which can be considered poor and Return on Equity (ROE) was -856.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -84.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. MEDICHANICAL ENGINEERING ApS's liquidity measured by quick ratio was 1.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 376.47 | 1 982.65 | 772.37 | - 352.34 | 375.63 |
EBIT | -1 545.99 | -1 153.35 | -2 351.62 | -3 410.45 | -14 301.04 |
Net earnings | -1 411.67 | -1 189.75 | -3 667.37 | -3 423.39 | -13 015.56 |
Shareholders equity total | 8 065.02 | 6 875.26 | 3 207.89 | 1 597.67 | -7 718.54 |
Balance sheet total (assets) | 21 460.27 | 20 946.05 | 17 023.27 | 14 355.21 | 1 442.27 |
Net debt | - 412.58 | 34.22 | - 955.45 | -19.35 | -1 340.07 |
Profitability | |||||
EBIT-% | |||||
ROA | -7.0 % | -5.3 % | -5.0 % | -21.1 % | -121.6 % |
ROE | -16.1 % | -15.9 % | -72.7 % | -142.5 % | -856.3 % |
ROI | -8.4 % | -6.3 % | -31.3 % | -66.0 % | -744.1 % |
Economic value added (EVA) | - 794.76 | - 504.18 | -1 756.46 | -2 559.14 | -12 032.03 |
Solvency | |||||
Equity ratio | 37.6 % | 32.8 % | 18.8 % | 11.1 % | -84.3 % |
Gearing | 4.3 % | 9.7 % | 21.6 % | 21.7 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.7 | 2.4 | 1.2 | 0.7 | 1.4 |
Current ratio | 1.8 | 2.4 | 1.2 | 0.8 | 1.4 |
Cash and cash equivalents | 760.08 | 631.67 | 1 648.63 | 366.55 | 1 340.07 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BB | C |
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