MEDRAD DENMARK ApS
APSDissolvedCVR 19995534Arne Jacobsens Allé 13, 2300 København SWholesale of pharmaceutical and medical goods· NACE 4646Est. 1997 · 29 years old— employees
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Overview
MEDRAD DENMARK ApS is a Danish APS based in København S, operating in the Wholesale of pharmaceutical and medical goods sector. Incorporated in 1997, the company reported revenue of DKK 23.2m in its latest annual filing.
Revenue 2016
23.2M DKK
+23% vs 2015
EBITDA margin
2.6 %
+22% vs 2015
Net profit 2016
0.5M DKK
+22% vs 2015
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
61.9 %
StrongAmong the 30% highest rated companies in the industry
20122016
Liquidity ratioCurrent assets ÷ Short-term debt
2.6×
StrongAmong the 30% highest rated companies in the industry
20122016
Return on assets (ROA)Net profit ÷ Total assets × 100
6.0 %
StrongAmong the 40% highest rated companies in the industry
20122016
EBITDA — year on year
DKK thousandsKey figures
Annual report 2016| Revenue | 23.2M DKK | +23% |
| EBITDA | 0.6M DKK | +22% |
| Net profit | 0.5M DKK | +22% |
| Total assets | 7.5M DKK | +26% |
| Equity | 4.7M DKK | +11% |
| Employees | — | — |
Company information
Legal name
MEDRAD DENMARK ApS
CVR number
19995534
Legal form
Anpartsselskab
NACE code
Founded
1 April 1997 · 29 years
Share capital
DKK 125,000
Employees
—
VAT registered
No
Audit selected
No
Last report
2016-12-31
Financial year
January – December
Signatory rights
Selskabet tegnes af to bestyrelsesmedlemmer i forening.
Address
Arne Jacobsens Allé 13, 2300 København S
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Financial development
In its most recent annual report (2016), MEDRAD DENMARK ApS reported revenue of DKK 23.2m, an increase of 23% on the year before. The figures on this page draw on 5 annual filings covering 2012 to 2016. The bottom line showed a net profit of DKK 452.4k, and the EBITDA margin stood at 2.6%.
At the end of 2016, equity financed 61.9% of the balance sheet, and current assets covered short-term debt 2.6 times.
Financials
Revenue
DKK millionsEBITDA
DKK thousandsIncome statement
DKK thousands| Item | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|
| Revenue | 23,242 | 18,955 | 22,058 | 25,921 | 29,364 |
| Staff expenses | -0 | -0 | -0 | -0 | -1,347 |
| EBITDA | 606 | 495 | 526 | 555 | 732 |
| Depreciation & amort. | -0 | -3 | -4 | -4 | -4 |
| EBIT | 606 | 493 | 521 | 551 | 728 |
| Net financials | -25 | -10 | -14 | -34 | 4 |
| Profit before tax | 581 | 482 | 508 | 518 | 732 |
| Tax | 129 | 113 | 129 | 130 | 211 |
| Net profit | 452 | 369 | 379 | 388 | 521 |
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Balance sheet
DKK thousands| Item | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|
| Total assets | 7,512 | 5,951 | 6,686 | 6,417 | 11,209 |
| Equity | 4,653 | 4,200 | 3,831 | 3,452 | 3,065 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 |
| Short-term debt | 2,859 | 1,751 | 2,855 | 2,965 | 8,145 |
| Total debt | 2,859 | 1,751 | 2,855 | 2,965 | 8,145 |
Financial ratios
5-year trendEBITDA margin
2.6 %
20122016
Equity ratio
61.9 %
StrongAmong the 30% highest rated companies in the industry
20122016
Return on equity
9.7 %
AverageAround the average of companies in the same industry
20122016
Net profit margin
1.9 %
AverageAround the average of companies in the same industry
20122016
Asset turnover
3.09×
StrongAmong the 30% highest rated companies in the industry
20122016
Debt / equity
0.61×
StrongAmong the 40% highest rated companies in the industry
20122016
Sector performance
26 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginVery weak
Among the 20% lowest rated companies in the industry
The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.
Operating marginAverage
Around the average of companies in the same industry
EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.
Net profit marginAverage
Around the average of companies in the same industry
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Return on equity (ROE)Average
Around the average of companies in the same industry
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on assets (ROA)Strong
Among the 40% highest rated companies in the industry
Net profit as a percentage of total assets — the return generated on the capital employed.
Return on net assets (RONA)Average
Around the average of companies in the same industry
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Basic earning power (BEP)Strong
Among the 40% highest rated companies in the industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.
Liquidity
Current ratioStrong
Among the 30% highest rated companies in the industry
Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.
Quick ratioVery strong
Among the 20% highest rated companies in the industry
Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.
Cash ratioVery weak
Among the 10% lowest rated companies in the industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Current assets to equityAverage
Around the average of companies in the same industry
Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.
Fixed assets to long-term capitalVery strong
Among the 10% highest rated companies in the industry
Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.
Cash conversion ratioStrong
Among the 40% highest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioStrong
Among the 30% highest rated companies in the industry
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Debt ratioStrong
Among the 30% highest rated companies in the industry
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Debt to equityStrong
Among the 40% highest rated companies in the industry
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityStrong
Among the 40% highest rated companies in the industry
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Income to debtStrong
Among the 40% highest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtStrong
Among the 40% highest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageStrong
Among the 30% highest rated companies in the industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtAverage
Around the average of companies in the same industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginStrong
Among the 40% highest rated companies in the industry
The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.
Efficiency & development
Asset turnoverStrong
Among the 30% highest rated companies in the industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Equity to contributed capitalVery strong
Among the 20% highest rated companies in the industry
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
One-year change in equityStrong
Among the 40% highest rated companies in the industry
The size of this year's increase or decrease in the company's equity.
One-year change in debtVery weak
Among the 20% lowest rated companies in the industry
The size of this year's increase or decrease in the company's debt.
Inventory turnoverNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.
Annual reports & filings
- Annual report 2016Filed via CVR / Virk · Period 2016-01-01 – 2016-12-31
- Annual report 2015Filed via CVR / Virk · Period 2015-01-01 – 2015-12-31
- Annual report 2014Filed via CVR / Virk · Period 2014-01-01 – 2014-12-31
- Annual report 2013Filed via CVR / Virk · Period 2013-01-01 – 2013-12-31
- Annual report 2012Filed via CVR / Virk · Period 2012-01-01 – 2012-12-31
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|
Former (8)
KS Management | Management | 1999 – 1999 |
AW Chief Executive Officer | Chief Executive Officer | 2015 – 2016 |
CI Management | Management | 2004 – 2015 |
HA Audit | Audit | 1997 – 1997 |
PB Management | Management | 1997 – 1997 |
CG | Audit | 1997 – 1999 |
HJ Management | Management | 1999 – 2001 |
TE Management | Management | 2002 – 2004 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|
Former (9)
MC Chairman | Chairman | 2015 – 2016 |
KS Chairman | Chairman | 1997 – 2000 |
AW Board of Directors | Board of Directors | 2015 – 2016 |
HJ Board of Directors | Board of Directors | 1999 – 1999 |
KS Board of Directors | Board of Directors | 1997 – 1999 |
CS Board of Directors | Board of Directors | 1999 – 2011 |
PC Board of Directors | Board of Directors | 2011 – 2015 |
JR Board of Directors | Board of Directors | 2000 – 2011 |
PR Board of Directors | Board of Directors | 2011 – 2015 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 2015 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
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Company hierarchy
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MEDRAD DENMARK ApS Board network connections
Board members of MEDRAD DENMARK ApS also hold positions in 282 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Preben Bang Henriksen | Management | 274 companiesMany roles |
| Harry Aamann | Audit | 7 companiesMany roles |
| Charles Gavin Elton Halliley | Audit | 1 company |
Frequently asked questions
What is the CVR number of MEDRAD DENMARK ApS?
MEDRAD DENMARK ApS is registered with CVR / Virk under CVR 19995534.
What is the revenue of MEDRAD DENMARK ApS?
MEDRAD DENMARK ApS reported revenue of DKK 23.2m in 2016.
Where is MEDRAD DENMARK ApS headquartered?
MEDRAD DENMARK ApS's registered address is Arne Jacobsens Allé 13.