MEREDIN ApS — Credit Rating and Financial Key Figures

MEREDIN ApS (CVR number: 10038251K) is a company from KALUNDBORG. The company recorded a gross profit of 31.7 mDKK in 2017. The operating profit was 6138 kDKK, while net earnings were 4314 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.2 %, which can be considered decent but Return on Equity (ROE) was 9.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 41 %, 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 ApS'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.