MEC Merchandise ApS — Credit Rating and Financial Key Figures

CVR number: 40102299
Ørestads Boulevard 57 A, 2300 København S
Mec_2013@outlook.com
tel: 29724428

Credit rating

Company information

Official name
MEC Merchandise ApS
Personnel
12 persons
Established
2018
Company form
Private limited company
Industry

About MEC Merchandise ApS

MEC Merchandise ApS (CVR number: 40102299) is a company from KØBENHAVN. The company recorded a gross profit of 4267.5 kDKK in 2024, demonstrating a growth of 105.8 % compared to the previous year. The operating profit was 582.6 kDKK, while net earnings were 439.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.7 %, which can be considered excellent and Return on Equity (ROE) was 37 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.1 %, 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. MEC Merchandise 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
2020
2021
2022
2023
2024
Volume
Net sales4 011.26
Gross profit1 692.431 578.991 687.052 073.844 267.54
EBIT509.28101.75- 305.65301.53582.57
Net earnings431.72254.43- 320.05128.78439.72
Shareholders equity total1 135.421 089.86769.81968.991 408.72
Balance sheet total (assets)1 877.822 345.041 686.033 080.263 902.04
Net debt- 964.62-1.95- 328.311 272.75577.42
Profitability
EBIT-%7.5 %
ROA29.1 %16.1 %-15.2 %18.4 %16.7 %
ROE46.9 %22.9 %-34.4 %14.8 %37.0 %
ROI37.9 %21.9 %-20.0 %8.8 %21.1 %
Economic value added (EVA)313.4113.96- 396.10171.72323.22
Solvency
Equity ratio60.5 %46.5 %45.7 %31.5 %36.1 %
Gearing14.5 %65.2 %64.1 %169.4 %107.2 %
Relative net indebtedness %43.4 %
Liquidity
Quick ratio2.11.51.31.51.7
Current ratio2.11.51.31.51.7
Cash and cash equivalents1 129.20712.05821.57368.82932.56
Capital use efficiency
Trade debtors turnover (days)6.2
Net working capital %23.9 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:16.7%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.1%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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