MEINERTZ A/S AF 1962 — Credit Rating and Financial Key Figures

CVR number: 67147219
Sverigesvej 16, 8700 Horsens
tel: 86521515

Credit rating

Company information

Official name
MEINERTZ A/S AF 1962
Personnel
14 persons
Established
1981
Company form
Limited company
Industry

About MEINERTZ A/S AF 1962

MEINERTZ A/S AF 1962 (CVR number: 67147219) is a company from HORSENS. The company recorded a gross profit of 4858.9 kDKK in 2024. The operating profit was -2312.2 kDKK, while net earnings were -2468.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -38.2 %, which can be considered poor and Return on Equity (ROE) was -74.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 42.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MEINERTZ A/S AF 1962's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit7 943.196 051.5110 663.0010 020.004 858.86
EBIT- 872.81-2 579.402 155.001 452.00-2 312.16
Net earnings-1 122.22-2 729.922 024.001 304.00-2 468.89
Shareholders equity total1 940.181 210.263 234.004 538.002 068.86
Balance sheet total (assets)7 604.295 690.188 992.007 145.004 942.08
Net debt1 484.26715.94- 453.00-1 059.00813.47
Profitability
EBIT-%
ROA-13.2 %-38.7 %29.4 %18.0 %-38.2 %
ROE-74.8 %-173.3 %91.1 %33.6 %-74.7 %
ROI-19.3 %-69.2 %61.4 %32.4 %-61.2 %
Economic value added (EVA)-1 069.74-2 778.952 055.881 228.99-2 540.19
Solvency
Equity ratio25.5 %21.3 %36.0 %63.5 %42.9 %
Gearing104.7 %63.0 %37.2 %45.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.40.91.10.4
Current ratio1.51.31.73.52.2
Cash and cash equivalents546.7446.391 657.001 059.00127.87
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:-38.2%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.9%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member
Board member

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