MEREX HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 34593159
Vester Farimagsgade 4, 1606 København V

Credit rating

Company information

Official name
MEREX HOLDING ApS
Established
2012
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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 earnings736.43- 686.50- 169.74728.93-50.99
Shareholders equity total- 774.95-1 461.45-1 631.18- 902.25- 953.24
Balance sheet total (assets)1 389.231 625.711 976.672 734.483 255.09
Net debt1 918.262 644.6844.3348.78405.34
Profitability
EBIT-%
ROA38.7 %-3.0 %-2.2 %25.0 %2.9 %
ROE84.8 %-45.5 %-9.4 %30.9 %-1.7 %
ROI39.2 %-3.1 %-2.4 %52.8 %50.7 %
Economic value added (EVA)56.5559.34- 190.44118.34167.68
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 ratio0.20.22.23.71.7
Current ratio0.20.22.23.71.7
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:2.93%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-22.7%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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