MERRILD FOTOGRAFI ApS — Credit Rating and Financial Key Figures

CVR number: 14742883
Fynsgade 11, 7400 Herning
herning@merrildphoto.com
tel: 97215001

Company information

Official name
MERRILD FOTOGRAFI ApS
Personnel
14 persons
Established
1990
Company form
Private limited company
Industry

About MERRILD FOTOGRAFI ApS

MERRILD FOTOGRAFI ApS (CVR number: 14742883) is a company from HERNING. The company recorded a gross profit of 5916.5 kDKK in 2023. The operating profit was 90.9 kDKK, while net earnings were 91.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.3 %, which can be considered weak and Return on Equity (ROE) was 3.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 61.3 %, 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. MERRILD FOTOGRAFI ApS's liquidity measured by quick ratio was 2.4 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit7 406.656 123.007 297.855 505.105 916.53
EBIT430.13283.471 404.47- 440.9490.86
Net earnings370.96237.631 118.93- 444.6791.66
Shareholders equity total3 336.563 574.194 693.122 448.452 540.11
Balance sheet total (assets)5 890.036 527.656 867.863 979.694 141.08
Net debt-2 058.34-1 471.13-1 824.34-1 202.00- 615.44
Profitability
EBIT-%
ROA6.8 %4.6 %21.0 %-8.1 %2.3 %
ROE9.7 %6.9 %27.1 %-12.5 %3.7 %
ROI11.2 %8.2 %34.0 %-12.3 %3.7 %
Economic value added (EVA)200.86186.551 021.53- 585.1028.22
Solvency
Equity ratio56.6 %54.8 %68.3 %61.5 %61.3 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2.12.13.02.42.4
Current ratio2.12.13.02.42.4
Cash and cash equivalents2 058.341 471.131 824.341 202.00615.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBBA

Variable visualization

ROA:2.26%
Rating: 31/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.3%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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