ME Group Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ME Group Holding ApS
ME Group Holding ApS (CVR number: 41928964) is a company from KØGE. The company recorded a gross profit of -34.4 kDKK in 2023. The operating profit was -34.4 kDKK, while net earnings were -835.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 152 %, which can be considered excellent but Return on Equity (ROE) was -182.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 71.2 %, 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. ME Group Holding ApS's liquidity measured by quick ratio was 3.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | -55.56 | -51.10 | -34.40 |
EBIT | -55.56 | -51.10 | -34.40 |
Net earnings | - 124.77 | -2 710.05 | - 835.25 |
Shareholders equity total | 3 586.23 | 876.18 | 40.94 |
Balance sheet total (assets) | 3 591.23 | 892.46 | 57.48 |
Net debt | -1 808.31 | - 892.45 | -57.48 |
Profitability | |||
EBIT-% | |||
ROA | 1.6 % | 115.6 % | 152.0 % |
ROE | -3.5 % | -121.5 % | -182.1 % |
ROI | -2.9 % | -120.7 % | -181.9 % |
Economic value added (EVA) | -55.56 | - 140.44 | -33.58 |
Solvency | |||
Equity ratio | 99.9 % | 98.2 % | 71.2 % |
Gearing | |||
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 718.2 | 54.8 | 3.5 |
Current ratio | 718.2 | 54.8 | 3.5 |
Cash and cash equivalents | 1 808.31 | 892.45 | 57.48 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BBB | B | B |
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