MEQNORDIC A/S — Credit Rating and Financial Key Figures

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

Official name
MEQNORDIC A/S
Personnel
5 persons
Established
2008
Company form
Limited company
Industry

About MEQNORDIC A/S

MEQNORDIC A/S (CVR number: 31416132) is a company from ROSKILDE. The company recorded a gross profit of 11.7 mDKK in 2024. The operating profit was 2332.5 kDKK, while net earnings were 1449.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.4 %, which can be considered good and Return on Equity (ROE) was 10.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 68.2 %, 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. MEQNORDIC A/S's liquidity measured by quick ratio was 9.2 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit13 156.0010 686.0011 077.006 442.4011 676.42
EBIT5 858.003 938.003 827.003 337.032 332.54
Net earnings4 508.002 839.002 735.002 565.481 449.78
Shareholders equity total7 977.0010 816.0013 551.0013 270.0914 719.87
Balance sheet total (assets)19 840.0021 296.0020 517.0023 344.6021 573.09
Net debt-1 209.002 144.00-1 081.00-3 718.62-3 223.93
Profitability
EBIT-%
ROA34.8 %19.7 %19.5 %16.5 %13.4 %
ROE78.8 %30.2 %22.4 %19.1 %10.4 %
ROI76.4 %34.1 %26.6 %22.6 %17.1 %
Economic value added (EVA)4 214.022 612.982 206.931 798.551 006.49
Solvency
Equity ratio40.2 %50.8 %66.0 %56.8 %68.2 %
Gearing11.7 %37.1 %12.2 %21.0 %31.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.31.91.59.2
Current ratio1.72.03.22.59.2
Cash and cash equivalents2 144.001 868.002 740.006 507.527 806.79
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:13.4%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.2%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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