Meri ApS — Credit Rating and Financial Key Figures

CVR number: 40174788
Jacob Appels Alle 14, 2770 Kastrup
info@me-ri.dk
tel: 93912942

Credit rating

Company information

Official name
Meri ApS
Established
2019
Company form
Private limited company
Industry
  • Expand more icon71Architectural and engineering activities; technical testing and analysis

About Meri ApS

Meri ApS (CVR number: 40174788) is a company from TÅRNBY. The company reported a net sales of 0.6 mDKK in 2023, demonstrating a decline of -68.3 % compared to the previous year. The operating profit percentage was at 81.3 % (EBIT: 0.5 mDKK), while net earnings were 408.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 56.1 %, which can be considered excellent and Return on Equity (ROE) was 1022 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 5.7 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Meri ApS's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales337.10300.153 104.811 985.33629.55
Gross profit149.14256.241 045.391 023.13511.97
EBIT149.14241.88992.941 023.13511.97
Net earnings114.44185.99754.73774.60408.80
Shareholders equity total114.4440.0040.0040.0040.00
Balance sheet total (assets)222.40848.561 983.211 118.83706.86
Net debt- 135.28- 558.45-1 491.68-1 118.83- 706.86
Profitability
EBIT-%44.2 %80.6 %32.0 %51.5 %81.3 %
ROA67.1 %45.2 %70.1 %66.0 %56.1 %
ROE100.0 %240.9 %1886.8 %1936.5 %1022.0 %
ROI130.3 %313.2 %2482.3 %2557.8 %1279.9 %
Economic value added (EVA)114.44189.08787.34851.87463.46
Solvency
Equity ratio51.5 %4.7 %2.0 %3.6 %5.7 %
Gearing
Relative net indebtedness %-8.1 %83.3 %14.5 %-2.0 %-6.4 %
Liquidity
Quick ratio2.11.01.01.01.1
Current ratio2.11.01.01.01.1
Cash and cash equivalents135.28558.451 491.681 118.83706.86
Capital use efficiency
Trade debtors turnover (days)94.342.1
Net working capital %33.9 %13.3 %1.3 %2.0 %6.4 %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:56.1%
Rating: 98/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:5.66%
Rating: 6/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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