MEJERIGAARDEN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MEJERIGAARDEN A/S
MEJERIGAARDEN A/S (CVR number: 37317314) is a company from THISTED. The company reported a net sales of 359.6 mDKK in 2018, demonstrating a growth of 26.7 % compared to the previous year. The operating profit percentage was at 3.5 % (EBIT: 12.7 mDKK), while net earnings were -136.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.2 %, which can be considered decent but Return on Equity (ROE) was -0.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 30.4 %, 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. MEJERIGAARDEN A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2014 | 2015 | 2016 | 2017 | 2018 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 311.81 | 283.89 | 359.58 | ||
Gross profit | 314.85 | 2.46 | 2.99 | 99.85 | 119.91 |
EBIT | 19.82 | 8.46 | 22.57 | 8.72 | 12.72 |
Net earnings | 19.89 | 8.54 | 22.66 | 2.49 | -0.14 |
Shareholders equity total | 30.19 | 38.73 | 61.39 | 64.11 | 92.21 |
Balance sheet total (assets) | 211.40 | 136.13 | 141.49 | 303.12 | 302.99 |
Net debt | -0.35 | -0.35 | 175.34 | 148.15 | |
Profitability | |||||
EBIT-% | 3.1 % | 3.5 % | |||
ROA | 4.9 % | 16.3 % | 3.9 % | 4.2 % | |
ROE | 24.8 % | 45.3 % | 4.0 % | -0.2 % | |
ROI | 4.1 % | 12.0 % | 3.9 % | 5.2 % | |
Economic value added (EVA) | 19.30 | 6.83 | 20.44 | 3.77 | -3.29 |
Solvency | |||||
Equity ratio | 47.7 % | 48.7 % | 21.2 % | 30.4 % | |
Gearing | 282.3 % | 169.0 % | |||
Relative net indebtedness % | 82.2 % | 56.5 % | |||
Liquidity | |||||
Quick ratio | -0.9 | -0.7 | 1.4 | 0.6 | |
Current ratio | -2.0 | -1.4 | 2.1 | 1.2 | |
Cash and cash equivalents | 0.35 | 0.35 | 0.35 | 5.68 | 7.72 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 69.4 | 50.0 | |||
Net working capital % | 26.6 % | 5.0 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | AA | AA |
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