MENETA DANMARK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MENETA DANMARK ApS
MENETA DANMARK ApS (CVR number: 36057505) is a company from ODENSE. The company reported a net sales of 153.3 mDKK in 2023, demonstrating a decline of -14 % compared to the previous year. The operating profit percentage was at 4.8 % (EBIT: 7.3 mDKK), while net earnings were 7071 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.2 %, which can be considered decent and Return on Equity (ROE) was 6.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 73.9 %, 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. MENETA DANMARK ApS's liquidity measured by quick ratio was 2.5 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 139.72 | 127.49 | 171.36 | 178.20 | 153.30 |
Gross profit | 42.50 | 45.09 | 55.12 | 35.36 | 46.84 |
EBIT | 1.79 | 6.43 | 11.35 | -6.02 | 7.28 |
Net earnings | 1.96 | 5.62 | 9.43 | -4.24 | 7.07 |
Shareholders equity total | 95.94 | 101.56 | 110.99 | 106.75 | 113.82 |
Balance sheet total (assets) | 136.09 | 138.89 | 179.16 | 145.47 | 153.92 |
Net debt | 13.14 | 11.76 | |||
Profitability | |||||
EBIT-% | 1.3 % | 5.0 % | 6.6 % | -3.4 % | 4.8 % |
ROA | 1.3 % | 4.7 % | 7.1 % | -3.2 % | 6.2 % |
ROE | 2.1 % | 5.7 % | 8.9 % | -3.9 % | 6.4 % |
ROI | 1.3 % | 4.7 % | 7.1 % | -3.4 % | 7.4 % |
Economic value added (EVA) | -2.93 | 1.61 | 6.25 | -10.24 | 0.42 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 73.4 % | 73.9 % |
Gearing | 14.4 % | 10.3 % | |||
Relative net indebtedness % | 19.9 % | 25.8 % | |||
Liquidity | |||||
Quick ratio | 2.5 | 2.5 | |||
Current ratio | 3.2 | 3.3 | |||
Cash and cash equivalents | 2.23 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 95.5 | 96.4 | |||
Net working capital % | 46.9 % | 58.5 % | |||
Credit risk | |||||
Credit rating | BBB | A | A | A | AA |
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