Medin logistics ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Medin logistics ApS
Medin logistics ApS (CVR number: 41698861) is a company from AARHUS. The company reported a net sales of 0.9 mDKK in 2023, demonstrating a growth of 1955.5 % compared to the previous year. The operating profit percentage was at 39.5 % (EBIT: 0.4 mDKK), while net earnings were 275.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 119.9 %, which can be considered excellent and Return on Equity (ROE) was 116.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 79.2 %, 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. Medin logistics 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | 43.50 | 894.16 | |
Gross profit | 88.64 | 92.49 | 706.78 |
EBIT | 77.97 | 110.99 | 353.43 |
Net earnings | 60.03 | 86.57 | 275.68 |
Shareholders equity total | 100.03 | 155.92 | 315.68 |
Balance sheet total (assets) | 135.49 | 190.89 | 398.52 |
Net debt | - 114.15 | - 153.90 | - 208.76 |
Profitability | |||
EBIT-% | 255.1 % | 39.5 % | |
ROA | 57.5 % | 68.0 % | 119.9 % |
ROE | 60.0 % | 67.6 % | 116.9 % |
ROI | 77.9 % | 86.7 % | 149.9 % |
Economic value added (EVA) | 60.82 | 87.28 | 275.58 |
Solvency | |||
Equity ratio | 73.8 % | 81.7 % | 79.2 % |
Gearing | |||
Relative net indebtedness % | -273.4 % | -14.1 % | |
Liquidity | |||
Quick ratio | 3.2 | 4.5 | 2.5 |
Current ratio | 3.2 | 4.5 | 2.5 |
Cash and cash equivalents | 114.15 | 153.90 | 208.76 |
Capital use efficiency | |||
Trade debtors turnover (days) | 36.2 | ||
Net working capital % | 283.3 % | 14.1 % | |
Credit risk | |||
Credit rating | BB | BB | BB |
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