Ferrosan Medical Devices Group A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Ferrosan Medical Devices Group A/S
Ferrosan Medical Devices Group A/S (CVR number: 43531093K) is a company from GLADSAXE. The company reported a net sales of 996.7 mDKK in 2024, demonstrating a growth of 11.6 % compared to the previous year. The operating profit percentage was at 29.2 % (EBIT: 290.6 mDKK), while net earnings were 95.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, which can be considered decent but Return on Equity (ROE) was 3.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 50.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Ferrosan Medical Devices Group A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2022 | 2023 | 2024 | |
---|---|---|---|
Volume | |||
Net sales | 2.45 | 893.37 | 996.72 |
Gross profit | 1.43 | 673.70 | 815.07 |
EBIT | -61.84 | 189.29 | 290.56 |
Net earnings | -62.89 | 23.86 | 95.28 |
Shareholders equity total | 2 822.11 | 2 837.94 | 2 932.04 |
Balance sheet total (assets) | 5 621.15 | 5 642.54 | 5 832.68 |
Net debt | 1 971.12 | 1 979.41 | 2 061.29 |
Profitability | |||
EBIT-% | -2522.0 % | 21.2 % | 29.2 % |
ROA | -1.1 % | 3.5 % | 5.2 % |
ROE | -2.2 % | 0.8 % | 3.3 % |
ROI | -1.3 % | 4.1 % | 6.1 % |
Economic value added (EVA) | -59.64 | - 104.71 | -58.78 |
Solvency | |||
Equity ratio | 50.2 % | 50.3 % | 50.3 % |
Gearing | 70.5 % | 70.2 % | 70.8 % |
Relative net indebtedness % | 113435.0 % | 312.4 % | 289.6 % |
Liquidity | |||
Quick ratio | 0.8 | 0.5 | 0.6 |
Current ratio | 1.2 | 0.9 | 0.9 |
Cash and cash equivalents | 17.61 | 14.09 | 14.16 |
Capital use efficiency | |||
Trade debtors turnover (days) | 18 992.1 | 49.7 | 70.1 |
Net working capital % | 1988.7 % | -4.1 % | -5.5 % |
Credit risk | |||
Credit rating | BBB | AAA | AAA |
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