MEC Europe ApS — Credit Rating and Financial Key Figures

CVR number: 41560231
Alsvej 21, 8940 Randers SV

Credit rating

Company information

Official name
MEC Europe ApS
Established
2020
Company form
Private limited company
Industry
  • Expand more icon38Waste collection, treatment and disposal activities; materials recovery

About MEC Europe ApS

MEC Europe ApS (CVR number: 41560231) is a company from RANDERS. The company recorded a gross profit of -1.6 kDKK in 2022. The operating profit was -1.6 kDKK, while net earnings were -1.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.1 %, which can be considered poor and Return on Equity (ROE) was -3.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 80.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MEC Europe ApS's liquidity measured by quick ratio was 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
Volume
Net sales
Gross profit-10.18-1.60
EBIT-10.18-1.60
Net earnings-8.26-1.30
Shareholders equity total41.7440.45
Balance sheet total (assets)51.7450.45
Net debt-49.42-47.75
Profitability
EBIT-%
ROA-19.7 %-3.1 %
ROE-19.8 %-3.2 %
ROI-24.4 %-3.9 %
Economic value added (EVA)-7.94-1.21
Solvency
Equity ratio80.7 %80.2 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio5.25.0
Current ratio5.25.0
Cash and cash equivalents49.4247.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBB

Variable visualization

ROA:-3.13%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:80.2%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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