Mermaid Solar Holding ApS — Credit Rating and Financial Key Figures

Mermaid Solar Holding ApS (CVR number: 41022116) is a company from ROSKILDE. The company recorded a gross profit of 8.9 kDKK in 2024. The operating profit was 8.9 kDKK, while net earnings were -8614 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.4 %, which can be considered good but Return on Equity (ROE) was -8.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 39.8 %, 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 Solar Holding ApS's liquidity measured by quick ratio was 203 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.