ME GLAS ApS

CVR number: 31593921
Bautavej 1 A, Hasle 8210 Aarhus V
casper@meglas.dk
tel: 29292957
www.meglas.dk

Credit rating

Company information

Official name
ME GLAS ApS
Established
2008
Domicile
Hasle
Company form
Private limited company
Industry
  • Expand more icon43Specialised construction activities

About the company

ME GLAS ApS (CVR number: 31593921) is a company from AARHUS. The company recorded a gross profit of 2001.1 kDKK in 2022. The operating profit was 1051.9 kDKK, while net earnings were 808.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 39 %, which can be considered excellent and Return on Equity (ROE) was 47.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 60.9 %, 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. ME GLAS ApS's liquidity measured by quick ratio was 2.2 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
20182019202020212022
Volume
Net sales
Gross profit704.66816.301 391.441 478.852 001.08
EBIT2.1550.96765.22754.211 051.88
Net earnings-22.2121.59558.40574.60808.77
Shareholders equity total406.15319.74878.141 339.742 033.91
Balance sheet total (assets)659.321 044.931 932.452 151.033 337.30
Net debt- 115.22- 363.74- 455.67- 339.50- 963.06
Profitability
EBIT-%
ROA0.3 %6.2 %51.4 %37.1 %39.0 %
ROE-4.7 %5.9 %93.2 %51.8 %47.9 %
ROI0.5 %14.1 %112.0 %63.7 %63.4 %
Economic value added (EVA)-10.8216.93597.23571.73765.91
Solvency
Equity ratio61.6 %30.6 %45.4 %62.3 %60.9 %
Gearing14.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.90.81.11.92.2
Current ratio2.41.01.22.52.5
Cash and cash equivalents115.22363.74581.27339.50963.06
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBA

Variable visualization

ROA:39.0%
Rating: 88/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.9%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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