MEREX HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MEREX HOLDING ApS
MEREX HOLDING ApS (CVR number: 34593159) is a company from KØBENHAVN. The company recorded a gross profit of -29.4 kDKK in 2023. The operating profit was -29.4 kDKK, while net earnings were -51 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak but Return on Equity (ROE) was -1.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -22.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. MEREX HOLDING ApS's liquidity measured by quick ratio was 1.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -36.47 | -45.21 | -45.00 | -36.44 | -29.38 |
EBIT | -36.47 | -45.21 | - 320.42 | -36.44 | -29.38 |
Net earnings | 736.43 | - 686.50 | - 169.74 | 728.93 | -50.99 |
Shareholders equity total | - 774.95 | -1 461.45 | -1 631.18 | - 902.25 | - 953.24 |
Balance sheet total (assets) | 1 389.23 | 1 625.71 | 1 976.67 | 2 734.48 | 3 255.09 |
Net debt | 1 918.26 | 2 644.68 | 44.33 | 48.78 | 405.34 |
Profitability | |||||
EBIT-% | |||||
ROA | 38.7 % | -3.0 % | -2.2 % | 25.0 % | 2.9 % |
ROE | 84.8 % | -45.5 % | -9.4 % | 30.9 % | -1.7 % |
ROI | 39.2 % | -3.1 % | -2.4 % | 52.8 % | 50.7 % |
Economic value added (EVA) | 56.55 | 59.34 | - 190.44 | 118.34 | 167.68 |
Solvency | |||||
Equity ratio | -35.8 % | -47.3 % | -45.2 % | -24.8 % | -22.7 % |
Gearing | -247.5 % | -181.0 % | -2.7 % | -5.4 % | -42.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 0.2 | 2.2 | 3.7 | 1.7 |
Current ratio | 0.2 | 0.2 | 2.2 | 3.7 | 1.7 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
Variable visualization
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