Meneta Composite Materials ApS — Credit Rating and Financial Key Figures

Meneta Composite Materials ApS (CVR number: 39612291) is a company from ODENSE. The company recorded a gross profit of -3266 kDKK in 2023. The operating profit was -22 mDKK, while net earnings were -18.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was -23.9 %, which can be considered poor and Return on Equity (ROE) was -57.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 33.3 %, 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. Meneta Composite Materials ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.