MERMAID 42 ApS — Credit Rating and Financial Key Figures

CVR number: 33065973
Horserød Byvej 2 B, Horserød 3000 Helsingør
hl@wadm.dk
tel: 40542828

Company information

Official name
MERMAID 42 ApS
Personnel
2 persons
Established
2010
Domicile
Horserød
Company form
Private limited company
Industry

About MERMAID 42 ApS

MERMAID 42 ApS (CVR number: 33065973) is a company from HELSINGØR. The company recorded a gross profit of 1902.3 kDKK in 2024. The operating profit was 1800 kDKK, while net earnings were 267.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.6 %, which can be considered weak and Return on Equity (ROE) was 2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 26.6 %, 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. MERMAID 42 ApS'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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 881.702 111.071 609.861 725.091 902.29
EBIT3 270.098 229.38-4 233.50674.201 800.00
Net earnings2 286.596 150.87-3 780.31- 472.41267.45
Shareholders equity total5 125.4114 699.4914 724.8113 234.0513 501.50
Balance sheet total (assets)49 272.4556 138.1652 311.6850 858.9850 819.49
Net debt34 454.7833 332.9332 806.8733 063.6332 983.03
Profitability
EBIT-%
ROA7.5 %15.6 %-7.8 %1.4 %3.6 %
ROE51.6 %62.1 %-25.7 %-3.4 %2.0 %
ROI8.1 %16.8 %-8.2 %1.4 %3.7 %
Economic value added (EVA)406.264 221.82-6 021.44-1 986.65-1 018.75
Solvency
Equity ratio10.4 %26.2 %28.1 %26.0 %26.6 %
Gearing672.2 %228.4 %223.1 %252.5 %244.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.61.02.61.81.5
Current ratio0.61.02.61.81.5
Cash and cash equivalents241.6047.28356.24
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBA

Variable visualization

ROA:3.63%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.6%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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