MEYCO A/S

CVR number: 36063084
Viengevej 100, 8240 Risskov
bs@meyco.dk
tel: 23294441

Credit rating

Company information

Official name
MEYCO A/S
Personnel
3 persons
Established
2014
Company form
Limited company
Industry
  • Expand more icon82Office administrative, office support and other business support activities

About MEYCO A/S

MEYCO A/S (CVR number: 36063084) is a company from AARHUS. The company recorded a gross profit of -530.1 kDKK in 2023. The operating profit was -1577.8 kDKK, while net earnings were 1726.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent but Return on Equity (ROE) was 2.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -21.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. MEYCO A/S's liquidity measured by quick ratio was 1.8 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
20192020202120222023
Volume
Net sales
Gross profit- 201.16- 168.42- 235.02- 267.00- 530.09
EBIT-1 362.07-1 338.00-1 276.67-1 340.00-1 577.80
Net earnings- 218.69-2 545.312 802.69-1 040.001 726.68
Shareholders equity total-17 295.39-19 840.70-17 038.00-18 078.00-16 351.30
Balance sheet total (assets)87 463.3482 594.1185 847.0581 238.0058 969.25
Net debt26 281.7529 187.1023 736.9228 560.0018 587.35
Profitability
EBIT-%
ROA2.5 %0.7 %5.1 %6.2 %4.9 %
ROE-0.2 %-3.0 %3.3 %-1.2 %2.5 %
ROI2.5 %0.7 %5.1 %6.2 %4.9 %
Economic value added (EVA)3 402.513 361.103 386.723 734.243 216.94
Solvency
Equity ratio-16.5 %-19.4 %-16.6 %-18.2 %-21.7 %
Gearing-589.9 %-504.9 %-587.6 %-543.7 %-459.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.81.41.41.31.8
Current ratio0.81.41.41.31.8
Cash and cash equivalents75 749.1670 991.5276 380.8669 725.0056 502.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:4.89%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-21.7%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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