Meotine ApS
Credit rating
Company information
About Meotine ApS
Meotine ApS (CVR number: 37642010) is a company from KØBENHAVN. The company recorded a gross profit of 2631.5 kDKK in 2023. The operating profit was 638.7 kDKK, while net earnings were -2.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.5 %, which can be considered good but Return on Equity (ROE) was -0.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 52.4 %, 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. Meotine ApS'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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 635.79 | 2 894.98 | 2 623.78 | 2 917.16 | 2 631.53 |
EBIT | 861.31 | 1 463.13 | 1 305.26 | 1 028.01 | 638.69 |
Net earnings | 488.83 | 1 038.08 | 918.89 | 485.23 | -2.54 |
Shareholders equity total | 2 265.71 | 2 162.42 | 3 081.31 | 3 566.54 | 3 564.00 |
Balance sheet total (assets) | 6 495.83 | 7 720.12 | 6 995.72 | 6 886.30 | 6 795.93 |
Net debt | -1 363.09 | -1 945.98 | -1 682.18 | -1 462.54 | - 950.92 |
Profitability | |||||
EBIT-% | |||||
ROA | 17.8 % | 22.8 % | 18.4 % | 15.4 % | 9.5 % |
ROE | 24.2 % | 46.9 % | 35.0 % | 14.6 % | -0.1 % |
ROI | 34.9 % | 65.7 % | 50.7 % | 31.8 % | 18.0 % |
Economic value added (EVA) | 603.42 | 1 113.68 | 1 006.27 | 721.79 | 348.96 |
Solvency | |||||
Equity ratio | 34.9 % | 28.0 % | 44.0 % | 51.8 % | 52.4 % |
Gearing | 19.5 % | 2.4 % | 1.5 % | 0.7 % | 2.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 1.1 | 1.0 | 0.8 | 0.6 |
Current ratio | 1.5 | 1.7 | 2.1 | 2.1 | 2.1 |
Cash and cash equivalents | 1 804.94 | 1 997.67 | 1 729.06 | 1 486.80 | 1 049.42 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | BBB |
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