Meetbutter A/S — Credit Rating and Financial Key Figures

CVR number: 41295023
Sortedam Dossering 55, 2100 København Ø
jakob.knutzen@butter.us
tel: 91538820
https://butter.us

Credit rating

Company information

Official name
Meetbutter A/S
Personnel
4 persons
Established
2020
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales
Gross profit-49.294 060.876 214.534 671.89
EBIT-50.42-2 777.88-2 768.36-3 928.15
Net earnings5.02-1 974.69-1 770.41-3 116.05
Shareholders equity total545.0215 303.2120 800.9717 760.30
Balance sheet total (assets)2 281.0918 596.1325 528.7421 487.54
Net debt446.22-8 010.46-7 108.97- 955.43
Profitability
EBIT-%
ROA-2.2 %-26.6 %-12.5 %-16.4 %
ROE0.9 %-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 ratio23.9 %82.8 %82.5 %83.6 %
Gearing275.2 %10.3 %7.9 %10.0 %
Relative net indebtedness %
Liquidity
Quick ratio14.240.867.115.1
Current ratio14.228.622.36.8
Cash and cash equivalents1 053.789 582.058 757.322 737.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBB

Variable visualization

ROA:-16.4%
Rating: 4/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:83.6%
Rating: 63/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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