MERITO P/S — Credit Rating and Financial Key Figures

CVR number: 41532092
Skanderborgvej 201, 8260 Viby J
service@merito.dk
tel: 42907080

Credit rating

Company information

Official name
MERITO P/S
Personnel
14 persons
Established
2020
Industry

About MERITO P/S

MERITO P/S (CVR number: 41532092) is a company from AARHUS. The company recorded a gross profit of 6842.4 kDKK in 2024. The operating profit was 178.6 kDKK, while net earnings were 183.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.2 %, which can be considered good but Return on Equity (ROE) was 35.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33.8 %, 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. MERITO P/S's liquidity measured by quick ratio was 1.4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
Volume
Net sales
Gross profit2 434.784 043.645 676.506 842.40
EBIT- 422.77308.20197.58178.57
Net earnings- 467.43300.63195.22183.78
Shareholders equity total-67.43233.19428.42612.19
Balance sheet total (assets)840.901 373.502 246.521 811.97
Net debt- 318.66- 654.97-1 472.09- 734.15
Profitability
EBIT-%
ROA-46.5 %27.0 %11.0 %9.2 %
ROE-55.6 %56.0 %59.0 %35.3 %
ROI-551.1 %163.4 %50.1 %32.2 %
Economic value added (EVA)- 422.77338.99229.70241.77
Solvency
Equity ratio-7.4 %17.0 %19.1 %33.8 %
Gearing-113.8 %28.9 %14.9 %9.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.21.21.4
Current ratio0.91.21.21.4
Cash and cash equivalents395.37722.301 536.07790.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:9.20%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:33.8%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member
Chief executive officer
Chief executive officer

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