MEQNORDIC A/S — Credit Rating and Financial Key Figures

CVR number: 31416132
Bygaden 51 A, 4040 Jyllinge
info@meqnordic.dk
tel: 46788748

Credit rating

Company information

Official name
MEQNORDIC A/S
Personnel
6 persons
Established
2008
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About MEQNORDIC A/S

MEQNORDIC A/S (CVR number: 31416132) is a company from ROSKILDE. The company recorded a gross profit of 6453.5 kDKK in 2023. The operating profit was 3337 kDKK, while net earnings were 2565.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.1 %, which can be considered excellent and Return on Equity (ROE) was 19.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 56.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MEQNORDIC A/S's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit8 150.0013 156.0010 686.0011 077.006 453.48
EBIT591.005 858.003 938.003 827.003 337.03
Net earnings104.004 508.002 839.002 735.002 565.48
Shareholders equity total3 469.007 977.0010 816.0013 551.0013 270.09
Balance sheet total (assets)14 621.0019 840.0021 296.0020 517.0023 344.60
Net debt3 050.00-1 209.002 144.00-1 081.00-3 718.62
Profitability
EBIT-%
ROA4.3 %34.8 %19.7 %19.5 %16.1 %
ROE3.0 %78.8 %30.2 %22.4 %19.1 %
ROI8.8 %76.4 %34.1 %26.6 %21.6 %
Economic value added (EVA)714.684 379.842 764.082 502.952 021.30
Solvency
Equity ratio23.7 %40.2 %50.8 %66.0 %56.8 %
Gearing94.1 %11.7 %37.1 %12.2 %21.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.61.01.31.91.5
Current ratio1.31.72.03.22.5
Cash and cash equivalents214.002 144.001 868.002 740.006 507.52
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAAAAAA

Variable visualization

ROA:16.1%
Rating: 68/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.8%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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