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MERETE CORDES EJENDOMME ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MERETE CORDES EJENDOMME ApS
MERETE CORDES EJENDOMME ApS (CVR number: 10046610) is a company from FREDERIKSBERG. The company recorded a gross profit of 199.7 kDKK in 2025. The operating profit was -1026.4 kDKK, while net earnings were -279.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.7 %, which can be considered poor and Return on Equity (ROE) was -4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. MERETE CORDES EJENDOMME ApS's liquidity measured by quick ratio was 18.9 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 financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 297.44 | 795.80 | |||
| Gross profit | 297.44 | 247.66 | 251.65 | 5 985.24 | 199.71 |
| EBIT | 297.44 | 247.66 | 251.65 | 5 985.24 | -1 026.44 |
| Net earnings | 317.43 | 424.95 | 20.81 | 3 932.50 | - 279.13 |
| Shareholders equity total | 4 907.32 | 5 032.27 | 4 753.08 | 8 379.74 | 5 430.61 |
| Balance sheet total (assets) | 12 516.03 | 12 487.39 | 12 058.90 | 13 632.57 | 6 844.96 |
| Net debt | 5 384.86 | 5 254.63 | 5 459.37 | 3 270.53 | - 235.42 |
| Profitability | |||||
| EBIT-% | 100.0 % | 31.1 % | |||
| ROA | 3.8 % | 5.4 % | 2.3 % | 46.6 % | -9.7 % |
| ROE | 6.5 % | 8.6 % | 0.4 % | 59.9 % | -4.0 % |
| ROI | 3.9 % | 5.5 % | 2.4 % | 47.1 % | -9.8 % |
| Economic value added (EVA) | - 385.76 | - 417.79 | - 429.77 | 3 483.89 | -1 395.85 |
| Solvency | |||||
| Equity ratio | 39.2 % | 40.3 % | 39.4 % | 61.5 % | 79.3 % |
| Gearing | 118.8 % | 112.7 % | 118.8 % | 41.7 % | 12.6 % |
| Relative net indebtedness % | 1936.1 % | 707.9 % | |||
| Liquidity | |||||
| Quick ratio | 0.3 | 0.2 | 0.2 | 11.3 | 18.9 |
| Current ratio | 0.3 | 0.2 | 0.2 | 11.3 | 18.9 |
| Cash and cash equivalents | 445.07 | 416.42 | 188.82 | 227.68 | 917.62 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | -526.1 % | -224.4 % | |||
| Credit risk | |||||
| Credit rating | AA | AA | A | A | A |
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