Meetbutter A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Meetbutter A/S
Meetbutter A/S (CVR number: 41295023) is a company from KØBENHAVN. The company recorded a gross profit of 4671.9 kDKK in 2023. The operating profit was -3928.1 kDKK, while net earnings were -3116.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.4 %, which can be considered poor and Return on Equity (ROE) was -16.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 83.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Meetbutter A/S's liquidity measured by quick ratio was 15.1 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 financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | -49.29 | 4 060.87 | 6 214.53 | 4 671.89 |
EBIT | -50.42 | -2 777.88 | -2 768.36 | -3 928.15 |
Net earnings | 5.02 | -1 974.69 | -1 770.41 | -3 116.05 |
Shareholders equity total | 545.02 | 15 303.21 | 20 800.97 | 17 760.30 |
Balance sheet total (assets) | 2 281.09 | 18 596.13 | 25 528.74 | 21 487.54 |
Net debt | 446.22 | -8 010.46 | -7 108.97 | - 955.43 |
Profitability | ||||
EBIT-% | ||||
ROA | -2.2 % | -26.6 % | -12.5 % | -16.4 % |
ROE | 0.9 % | -24.9 % | -9.8 % | -16.2 % |
ROI | -2.3 % | -27.2 % | -12.8 % | -16.7 % |
Economic value added (EVA) | -35.80 | -1 878.68 | -1 768.71 | -3 171.00 |
Solvency | ||||
Equity ratio | 23.9 % | 82.8 % | 82.5 % | 83.6 % |
Gearing | 275.2 % | 10.3 % | 7.9 % | 10.0 % |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 14.2 | 40.8 | 67.1 | 15.1 |
Current ratio | 14.2 | 28.6 | 22.3 | 6.8 |
Cash and cash equivalents | 1 053.78 | 9 582.05 | 8 757.32 | 2 737.34 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BBB | BBB | A | BBB |
Variable visualization
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