MEREX INTERNATIONAL A/S

CVR number: 33573065
Vester Farimagsgade 4, 1606 København V
merex@mail.dk
tel: 33321311

Credit rating

Company information

Official name
MEREX INTERNATIONAL A/S
Personnel
3 persons
Established
2011
Company form
Limited company
Industry
  • Expand more icon66Activities auxiliary to financial services and insurance activities

About the company

MEREX INTERNATIONAL A/S (CVR number: 33573065) is a company from KØBENHAVN. The company recorded a gross profit of 1701.2 kDKK in 2023. The operating profit was 616.1 kDKK, while net earnings were 504 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.1 %, which can be considered good but Return on Equity (ROE) was 23.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 37.3 %, 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. MEREX INTERNATIONAL A/S's liquidity measured by quick ratio was 3 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
20192020202120222023
Volume
Net sales
Gross profit1 524.36686.53943.031 796.621 701.22
EBIT216.79- 338.00303.371 208.83616.08
Net earnings716.59103.74301.421 195.10503.99
Shareholders equity total478.77695.03932.761 860.962 379.34
Balance sheet total (assets)10 940.8111 443.625 839.235 241.806 386.48
Net debt-4 961.00-4 717.55- 488.98- 479.19369.24
Profitability
EBIT-%
ROA7.0 %2.2 %3.7 %22.1 %11.1 %
ROE10.0 %17.7 %37.0 %85.6 %23.8 %
ROI28.8 %21.2 %14.6 %36.1 %15.5 %
Economic value added (EVA)880.1771.28689.501 415.82637.26
Solvency
Equity ratio4.4 %6.1 %16.0 %35.5 %37.3 %
Gearing70.1 %32.0 %187.6 %75.8 %112.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.71.01.93.0
Current ratio0.70.71.01.93.0
Cash and cash equivalents5 296.824 939.632 239.271 890.452 308.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:11.1%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:37.3%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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