Medican A/S

Medican A/S (CVR number: 39015684) is a company from GRIBSKOV. The company recorded a gross profit of -9237.3 kDKK in 2021. The operating profit was -23.5 mDKK, while net earnings were -39.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was -80.1 %, which can be considered poor and Return on Equity (ROE) was -169.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 39.3 %, 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. Medican A/S's liquidity measured by quick ratio was 1.2 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.