Credit rating
Company information
About MSD DANMARK ApS
MSD DANMARK ApS (CVR number: 29883718) is a company from KØBENHAVN. The company reported a net sales of 509.3 mDKK in 2023, demonstrating a decline of -27.9 % compared to the previous year. The operating profit percentage was at 4.8 % (EBIT: 24.5 mDKK), while net earnings were 17.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 9.3 %, which can be considered good but Return on Equity (ROE) was 31.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.7 %, 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. MSD DANMARK 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 733.62 | 0.75 | 761.51 | 706.52 | 509.33 |
Gross profit | 733.62 | 0.75 | 761.51 | 138.76 | 143.65 |
EBIT | 21.57 | 0.02 | 35.04 | 31.22 | 24.52 |
Net earnings | 15.47 | 16.53 | 26.20 | 26.67 | 17.27 |
Shareholders equity total | 77.96 | 73.21 | 99.41 | 46.08 | 63.35 |
Balance sheet total (assets) | 311.17 | 386.56 | 325.33 | 327.47 | 213.55 |
Net debt | 216.11 | 81.22 | |||
Profitability | |||||
EBIT-% | 2.9 % | 3.3 % | 4.6 % | 4.4 % | 4.8 % |
ROA | 7.9 % | 0.0 % | 9.8 % | 9.7 % | 9.3 % |
ROE | 22.0 % | 21.9 % | 30.4 % | 36.7 % | 31.6 % |
ROI | 7.9 % | 0.0 % | 9.8 % | 10.6 % | 12.0 % |
Economic value added (EVA) | 18.43 | -3.89 | 31.36 | 21.56 | 16.89 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 14.1 % | 29.7 % |
Gearing | 479.6 % | 130.3 % | |||
Relative net indebtedness % | 38.7 % | 28.9 % | |||
Liquidity | |||||
Quick ratio | 1.2 | 1.4 | |||
Current ratio | 1.2 | 1.4 | |||
Cash and cash equivalents | 4.86 | 1.35 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 138.9 | 125.7 | |||
Net working capital % | 6.0 % | 10.8 % | |||
Credit risk | |||||
Credit rating | BBB | BB | BBB | BBB | A |
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