MERMAID PROPERTIES ONE ApS — Credit Rating and Financial Key Figures

CVR number: 32939554
Toldbodgade 36 A, 1253 København K
info@a-ea.dk

Credit rating

Company information

Official name
MERMAID PROPERTIES ONE ApS
Established
2010
Company form
Private limited company
Industry

About MERMAID PROPERTIES ONE ApS

MERMAID PROPERTIES ONE ApS (CVR number: 32939554K) is a company from KØBENHAVN. The company recorded a gross profit of 9836.4 kDKK in 2020. The operating profit was 9561.7 kDKK, while net earnings were 4984.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak but Return on Equity (ROE) was 4.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 39.3 %, 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. MERMAID PROPERTIES ONE ApS's liquidity measured by quick ratio was 2.1 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
2016
2017
2018
2019
2020
Volume
Net sales
Gross profit4 582.5612 413.39-27 657.8427 614.079 836.39
EBIT4 582.5612 359.71-27 808.8227 525.359 561.71
Net earnings-3 908.365 550.91-24 671.8919 762.784 984.23
Shareholders equity total104 180.86109 731.7785 059.88104 822.66109 806.89
Balance sheet total (assets)549 816.30445 352.41273 089.29295 239.83279 452.53
Net debt401 431.11281 082.04155 641.28135 981.33105 436.84
Profitability
EBIT-%
ROA0.5 %2.7 %-7.3 %9.7 %2.9 %
ROE-3.8 %5.2 %-25.3 %20.8 %4.6 %
ROI0.5 %2.8 %-7.6 %10.1 %3.0 %
Economic value added (EVA)3 976.74-16 232.46-42 204.839 595.16-4 462.07
Solvency
Equity ratio19.0 %24.7 %31.1 %35.5 %39.3 %
Gearing402.9 %280.4 %195.6 %158.2 %131.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.52.13.03.02.1
Current ratio1.42.03.03.02.1
Cash and cash equivalents18 284.4826 592.7710 724.1329 887.1038 633.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAAA

Variable visualization

ROA:2.88%
Rating: 34/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:39.3%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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