V. MEYER A/S

CVR number: 21481130
Vallensbækvej 26-28, 2605 Brøndby
ml@vmeyer.dk
tel: 33793356

Credit rating

Company information

Official name
V. MEYER A/S
Personnel
14 persons
Established
1999
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About V. MEYER A/S

V. MEYER A/S (CVR number: 21481130) is a company from BRØNDBY. The company recorded a gross profit of 20.2 mDKK in 2023. The operating profit was 6863.9 kDKK, while net earnings were 5079.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.6 %, which can be considered excellent and Return on Equity (ROE) was 78.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 20.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. V. MEYER A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit10 345.8717 744.1519 099.1423 974.4820 165.39
EBIT2 356.897 589.918 580.969 333.816 863.90
Net earnings1 198.405 257.696 359.446 902.695 079.79
Shareholders equity total1 698.405 757.696 859.447 402.695 579.79
Balance sheet total (assets)17 427.6624 583.3531 989.6037 751.2427 705.82
Net debt5 946.485 979.0412 390.1211 078.479 275.78
Profitability
EBIT-%
ROA13.2 %36.1 %30.3 %26.8 %21.6 %
ROE70.5 %141.0 %100.8 %96.8 %78.3 %
ROI19.6 %50.2 %43.1 %38.8 %30.8 %
Economic value added (EVA)2 029.306 012.506 678.667 014.764 999.78
Solvency
Equity ratio9.7 %23.4 %21.4 %19.6 %20.1 %
Gearing603.1 %210.5 %217.7 %255.2 %246.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.81.01.00.91.0
Current ratio1.11.31.31.21.3
Cash and cash equivalents4 296.746 138.692 545.357 812.744 487.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:21.6%
Rating: 76/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:20.1%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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