Phillips-Medisize A/S
Credit rating
Company information
About Phillips-Medisize A/S
Phillips-Medisize A/S (CVR number: 24053415K) is a company from STRUER. The company reported a net sales of 481.9 mDKK in 2023, demonstrating a growth of 27.5 % compared to the previous year. The operating profit percentage was at 23.5 % (EBIT: 113.5 mDKK), while net earnings were 83.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 33.8 %, which can be considered excellent and Return on Equity (ROE) was 41.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 71.6 %, 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. Phillips-Medisize A/S's liquidity measured by quick ratio was 3.2 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 financials2019 | 2020 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | 377 897.00 | 481 932.00 | ||
Gross profit | 91 841.00 | 171 043.00 | ||
EBIT | 64 472.00 | 113 464.00 | ||
Net earnings | 49 177.00 | 83 423.00 | ||
Shareholders equity total | 157 968.00 | 241 391.00 | ||
Balance sheet total (assets) | 320 921.00 | 385 424.00 | ||
Net debt | -43 417.00 | - 208 870.00 | ||
Profitability | ||||
EBIT-% | 17.1 % | 23.5 % | ||
ROA | 21.1 % | 33.8 % | ||
ROE | 31.1 % | 41.8 % | ||
ROI | 30.9 % | 47.0 % | ||
Economic value added (EVA) | 48 977.21 | 82 982.62 | ||
Solvency | ||||
Equity ratio | 61.6 % | 71.6 % | ||
Gearing | 37.7 % | 9.5 % | ||
Relative net indebtedness % | 15.9 % | -18.2 % | ||
Liquidity | ||||
Quick ratio | 2.5 | 3.2 | ||
Current ratio | 1.7 | 2.4 | ||
Cash and cash equivalents | 103 036.00 | 231 690.00 | ||
Capital use efficiency | ||||
Trade debtors turnover (days) | 1.0 | 55.5 | ||
Net working capital % | 29.9 % | 40.7 % | ||
Credit risk | ||||
Credit rating | C | C | AAA | AA |
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