MEYER CREATION ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MEYER CREATION ApS
MEYER CREATION ApS (CVR number: 21758736) is a company from HERNING. The company recorded a gross profit of -2.2 kDKK in 2024. The operating profit was -2.2 kDKK, while net earnings were 99.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11 %, which can be considered good and Return on Equity (ROE) was 14.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 79 %, 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. MEYER CREATION ApS's liquidity measured by quick ratio was 4.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -6.88 | -4.44 | 7.03 | -1.88 | -2.20 |
EBIT | -6.88 | -4.44 | 7.03 | -1.88 | -2.20 |
Net earnings | -29.16 | 90.20 | - 213.38 | 67.96 | 99.30 |
Shareholders equity total | 977.39 | 956.99 | 630.61 | 698.57 | 680.07 |
Balance sheet total (assets) | 1 898.98 | 1 664.40 | 1 186.64 | 1 060.60 | 860.73 |
Net debt | -1 896.30 | -1 664.40 | -1 186.64 | -1 046.18 | - 852.72 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.8 % | 7.5 % | 0.5 % | 6.9 % | 11.0 % |
ROE | -1.3 % | 9.3 % | -26.9 % | 10.2 % | 14.4 % |
ROI | 2.2 % | 13.7 % | 0.9 % | 11.6 % | 15.3 % |
Economic value added (EVA) | -5.47 | 42.71 | 42.58 | 26.06 | 15.27 |
Solvency | |||||
Equity ratio | 51.5 % | 57.5 % | 53.1 % | 65.9 % | 79.0 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.1 | 2.4 | 2.1 | 2.9 | 4.8 |
Current ratio | 2.1 | 2.4 | 2.1 | 2.9 | 4.8 |
Cash and cash equivalents | 1 896.30 | 1 664.40 | 1 186.64 | 1 046.18 | 852.72 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BBB | BBB |
Variable visualization
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