MEREDIN ApS — Credit Rating and Financial Key Figures

CVR number: 10038251
Bredgade 48, 4400 Kalundborg

Company information

Official name
MEREDIN ApS
Established
2000
Company form
Private limited company
Industry

About MEREDIN ApS

MEREDIN ApS (CVR number: 10038251) is a company from KALUNDBORG. The company recorded a gross profit of -27.8 kDKK in 2024. The operating profit was -27.8 kDKK, while net earnings were 3461 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3 %, which can be considered weak and Return on Equity (ROE) was 2.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 79.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. MEREDIN ApS's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-21.50-27.81
EBIT-26.00-19.00-20.00-21.50-27.81
Net earnings5 090.0014 158.002 874.00-5 664.863 460.99
Shareholders equity total49 485.0063 143.0065 017.00127 981.07130 442.06
Balance sheet total (assets)71 228.0087 289.0088 849.00152 103.98163 251.41
Net debt24 102.9132 789.35
Profitability
EBIT-%
ROA-0.0 %-0.0 %-0.0 %-4.4 %3.0 %
ROE10.2 %25.1 %4.5 %-5.9 %2.7 %
ROI-0.0 %-0.0 %-0.0 %-4.4 %3.0 %
Economic value added (EVA)-2 531.62-2 505.62-3 192.94-3 283.87-7 663.91
Solvency
Equity ratio100.0 %100.0 %100.0 %84.1 %79.9 %
Gearing18.8 %25.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.5
Current ratio0.30.5
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:2.96%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.9%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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