MEREDIN TØMMERHANDEL A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MEREDIN TØMMERHANDEL A/S
MEREDIN TØMMERHANDEL A/S (CVR number: 73730511) is a company from KALUNDBORG. The company recorded a gross profit of 26.9 mDKK in 2023. The operating profit was -7383.3 kDKK, while net earnings were -5483 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.4 %, which can be considered poor and Return on Equity (ROE) was -7.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 59.5 %, 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. MEREDIN TØMMERHANDEL A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 36 387.21 | 26 858.65 | |||
EBIT | 1 464.00 | 5 997.00 | 10 569.00 | 3 107.70 | -7 383.31 |
Net earnings | 2 007.00 | 5 438.00 | 8 789.00 | 2 935.38 | -5 483.05 |
Shareholders equity total | 57 007.00 | 55 469.00 | 64 258.00 | 67 193.64 | 83 793.18 |
Balance sheet total (assets) | 113 076.00 | 104 355.00 | 120 894.00 | 118 357.05 | 140 904.10 |
Net debt | 15 819.33 | 19 885.98 | |||
Profitability | |||||
EBIT-% | |||||
ROA | 1.4 % | 5.5 % | 9.4 % | 3.8 % | -4.4 % |
ROE | 3.4 % | 9.7 % | 14.7 % | 4.5 % | -7.3 % |
ROI | 1.5 % | 5.5 % | 9.4 % | 4.3 % | -5.6 % |
Economic value added (EVA) | -2 000.06 | 3 132.40 | 7 781.68 | - 833.29 | -9 525.80 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 56.8 % | 59.5 % |
Gearing | 23.7 % | 23.9 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.4 | 1.3 | |||
Current ratio | 2.6 | 2.3 | |||
Cash and cash equivalents | 117.01 | 158.58 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | AAA | A |
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