MELTEX A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MELTEX A/S
MELTEX A/S (CVR number: 27459803) is a company from GREVE. The company recorded a gross profit of 2440.9 kDKK in 2024. The operating profit was -867.7 kDKK, while net earnings were -950.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.5 %, which can be considered poor and Return on Equity (ROE) was -14.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 41.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MELTEX A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 6 408.32 | 5 806.40 | 3 765.43 | 3 248.51 | 2 440.89 |
EBIT | 2 416.85 | 2 290.10 | 710.12 | -10.22 | - 867.71 |
Net earnings | 1 853.08 | 1 710.95 | 392.79 | - 281.56 | - 950.20 |
Shareholders equity total | 9 683.05 | 7 894.00 | 8 004.90 | 7 123.34 | 6 173.14 |
Balance sheet total (assets) | 17 486.53 | 16 983.53 | 18 893.76 | 16 717.85 | 14 828.91 |
Net debt | 284.36 | 5 741.87 | 6 030.59 | 5 662.43 | 5 662.82 |
Profitability | |||||
EBIT-% | |||||
ROA | 15.3 % | 13.7 % | 4.2 % | -0.0 % | -5.5 % |
ROE | 19.5 % | 19.5 % | 4.9 % | -3.7 % | -14.3 % |
ROI | 21.1 % | 18.6 % | 5.4 % | -0.0 % | -7.0 % |
Economic value added (EVA) | 1 251.88 | 1 194.59 | - 139.39 | - 714.63 | -1 352.18 |
Solvency | |||||
Equity ratio | 55.4 % | 46.5 % | 42.4 % | 42.6 % | 41.6 % |
Gearing | 20.3 % | 72.9 % | 75.4 % | 79.6 % | 91.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 0.6 | 0.4 | 0.7 | 0.7 |
Current ratio | 2.3 | 3.0 | 2.5 | 2.6 | 2.6 |
Cash and cash equivalents | 1 686.13 | 11.23 | 9.02 | 6.25 | 3.94 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | BBB | BBB |
Variable visualization
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