Phillips-Medisize Holdings A/S — Credit Rating and Financial Key Figures

Phillips-Medisize Holdings A/S (CVR number: 37705497K) is a company from STRUER. The company reported a net sales of 497.2 mDKK in 2023, demonstrating a growth of 27.2 % compared to the previous year. The operating profit percentage was at 19.7 % (EBIT: 97.8 mDKK), while net earnings were 58.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 25.2 %, which can be considered excellent and Return on Equity (ROE) was 25.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 12.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Phillips-Medisize Holdings A/S's liquidity measured by quick ratio was 1.6 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.