MERCHANT EQUITY FUND-OF-FUNDS K/S
Credit rating
Company information
About MERCHANT EQUITY FUND-OF-FUNDS K/S
MERCHANT EQUITY FUND-OF-FUNDS K/S (CVR number: 29429014) is a company from KØBENHAVN. The company recorded a gross profit of 0 kEUR in 2023. The operating profit was -60.3 kEUR, while net earnings were -58.7 kEUR. The profitability of the company measured by Return on Assets (ROA) was -57.1 %, which can be considered poor and Return on Equity (ROE) was -71.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79.2 %, 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. MERCHANT EQUITY FUND-OF-FUNDS K/S's liquidity measured by quick ratio was 3.4 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 financialsGross profit (kEUR)
EBIT (kEUR)
Profitability
Solidity
Key figures (kEUR)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | |||||
EBIT | 195.88 | - 694.47 | - 311.59 | -61.23 | -60.26 |
Net earnings | 195.89 | - 694.62 | - 311.75 | -61.56 | -58.72 |
Shareholders equity total | 2 564.83 | 1 773.47 | 781.13 | 54.03 | 109.34 |
Balance sheet total (assets) | 2 596.37 | 1 805.62 | 810.52 | 77.55 | 138.00 |
Net debt | -15.44 | - 490.65 | -12.91 | -9.62 | -72.57 |
Profitability | |||||
EBIT-% | |||||
ROA | 16.8 % | -56.6 % | -41.6 % | -14.8 % | -57.1 % |
ROE | 6.1 % | -32.0 % | -24.4 % | -14.7 % | -71.9 % |
ROI | 16.9 % | -56.9 % | -42.0 % | -15.1 % | -62.0 % |
Economic value added (EVA) | -1 341.90 | -1 062.87 | - 621.19 | - 379.34 | - 375.42 |
Solvency | |||||
Equity ratio | 98.8 % | 98.2 % | 96.4 % | 69.7 % | 79.2 % |
Gearing | 0.8 % | 1.1 % | 2.2 % | 32.1 % | 16.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.0 | 16.7 | 1.2 | 1.4 | 3.4 |
Current ratio | 2.0 | 16.7 | 1.2 | 1.4 | 3.4 |
Cash and cash equivalents | 35.41 | 510.92 | 29.93 | 26.98 | 90.26 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BB | B | B |
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