MEYER INVEST, HJØRRING ApS — Credit Rating and Financial Key Figures

CVR number: 27987060
Fridtjof Nansens Vej 4, 9800 Hjørring
kaj@meyerinvest.dk
tel: 28913874

Company information

Official name
MEYER INVEST, HJØRRING ApS
Personnel
1 person
Established
2004
Company form
Private limited company
Industry

About MEYER INVEST, HJØRRING ApS

MEYER INVEST, HJØRRING ApS (CVR number: 27987060) is a company from HJØRRING. The company recorded a gross profit of 468.8 kDKK in 2023. The operating profit was 427.2 kDKK, while net earnings were 441.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.3 %, which can be considered decent and Return on Equity (ROE) was 4.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 70.4 %, 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. MEYER INVEST, HJØRRING ApS's liquidity measured by quick ratio was 14.7 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 profit451.44382.24464.76513.67468.81
EBIT430.00358.67426.01495.06427.22
Net earnings529.24521.28531.36579.87441.94
Shareholders equity total8 517.138 038.408 569.769 149.639 597.32
Balance sheet total (assets)13 481.9712 659.3212 995.9713 378.9913 625.02
Net debt3 236.343 492.283 270.712 941.982 775.08
Profitability
EBIT-%
ROA5.4 %4.9 %5.4 %5.8 %5.3 %
ROE6.4 %6.3 %6.4 %6.5 %4.7 %
ROI5.6 %5.0 %5.5 %6.0 %5.4 %
Economic value added (EVA)- 253.57- 263.05- 222.92- 184.98- 272.09
Solvency
Equity ratio63.2 %63.5 %65.9 %68.4 %70.4 %
Gearing44.2 %43.8 %38.3 %33.4 %29.8 %
Relative net indebtedness %
Liquidity
Quick ratio13.613.813.213.514.7
Current ratio13.614.013.413.614.8
Cash and cash equivalents529.9532.2413.94111.5087.74
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:5.29%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.4%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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