MELITEK A/S — Credit Rating and Financial Key Figures

CVR number: 10309506
Hartvig Jensensvej 1, 4840 Nørre Alslev

Credit rating

Company information

Official name
MELITEK A/S
Personnel
55 persons
Established
1986
Company form
Limited company
Industry
  • Expand more icon22Manufacture of rubber and plastic products

About MELITEK A/S

MELITEK A/S (CVR number: 10309506) is a company from GULDBORGSUND. The company recorded a gross profit of 84.1 mDKK in 2023. The operating profit was 41.8 mDKK, while net earnings were 33 mDKK. The profitability of the company measured by Return on Assets (ROA) was 16.9 %, which can be considered excellent and Return on Equity (ROE) was 17.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 78.3 %, 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. MELITEK A/S's liquidity measured by quick ratio was 1.5 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit54 040.0081 322.0095 559.0081 830.0084 090.00
EBIT26 070.0047 544.0057 775.0042 656.0041 755.00
Net earnings20 209.0036 570.0044 509.0033 290.0033 025.00
Shareholders equity total102 148.00125 963.00161 866.00186 835.00200 077.00
Balance sheet total (assets)141 226.00192 126.00237 186.00248 966.00256 050.00
Net debt-8 886.00-10 706.00
Profitability
EBIT-%
ROA19.4 %28.5 %26.9 %17.8 %16.9 %
ROE20.8 %32.1 %30.9 %19.1 %17.1 %
ROI21.1 %28.5 %26.9 %19.5 %20.1 %
Economic value added (EVA)21 657.5642 411.0651 445.3625 010.1624 055.86
Solvency
Equity ratio100.0 %100.0 %100.0 %75.0 %78.3 %
Gearing6.5 %3.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.71.5
Current ratio3.53.6
Cash and cash equivalents21 011.0018 388.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBAAAAAA

Variable visualization

ROA:16.9%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.3%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member
Board member

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