Meristem Aps — Credit Rating and Financial Key Figures
Credit rating
Company information
About Meristem Aps
Meristem Aps (CVR number: 39535750) is a company from FREDERIKSSUND. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a growth of 121.9 % compared to the previous year. The operating profit percentage was at 37.7 % (EBIT: 0 mDKK), while net earnings were 15.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.4 %, which can be considered excellent and Return on Equity (ROE) was 22.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 78.3 %, 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. Meristem Aps's liquidity measured by quick ratio was 5.7 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 6.18 | 4.01 | 24.34 | 54.00 | |
Gross profit | 2.13 | -2.82 | 2.79 | 22.23 | 41.09 |
EBIT | 1.55 | -2.82 | -4.92 | 16.95 | 20.37 |
Net earnings | 1.22 | -3.56 | -5.11 | 14.77 | 15.82 |
Shareholders equity total | 33.51 | 29.96 | 44.85 | 59.61 | 80.70 |
Balance sheet total (assets) | 44.49 | 29.34 | 45.51 | 63.96 | 103.01 |
Net debt | -43.68 | -29.34 | -44.14 | -50.91 | -88.72 |
Profitability | |||||
EBIT-% | 25.1 % | -122.8 % | 69.6 % | 37.7 % | |
ROA | 2.5 % | -7.6 % | -13.2 % | 31.0 % | 24.4 % |
ROE | 3.7 % | -11.2 % | -13.7 % | 28.3 % | 22.5 % |
ROI | 3.0 % | -8.9 % | -13.2 % | 31.9 % | 26.0 % |
Economic value added (EVA) | 0.72 | -2.31 | -4.95 | 15.03 | 16.39 |
Solvency | |||||
Equity ratio | 75.3 % | 98.0 % | 98.5 % | 93.1 % | 78.3 % |
Gearing | 17.7 % | ||||
Relative net indebtedness % | -529.3 % | -1084.3 % | -198.9 % | -149.5 % | |
Liquidity | |||||
Quick ratio | 4.1 | -47.4 | 68.4 | 25.1 | 5.7 |
Current ratio | 4.1 | -47.4 | 68.4 | 25.1 | 5.7 |
Cash and cash equivalents | 43.68 | 29.34 | 44.14 | 50.91 | 103.01 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 47.8 | 195.7 | |||
Net working capital % | 542.4 % | 1118.6 % | 252.3 % | 157.6 % | |
Credit risk | |||||
Credit rating | BB | B | B | BB | B |
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