EJENDOMSSELSKABET MERC A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About EJENDOMSSELSKABET MERC A/S
EJENDOMSSELSKABET MERC A/S (CVR number: 47238218) is a company from AARHUS. The company recorded a gross profit of 3026.1 kDKK in 2023. The operating profit was 5672.4 kDKK, while net earnings were -1052.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2 %, which can be considered weak but Return on Equity (ROE) was -2.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 37.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. EJENDOMSSELSKABET MERC A/S's liquidity measured by quick ratio was 8 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 814.90 | 2 082.97 | 2 183.23 | 2 335.07 | 3 026.15 |
EBIT | 2 043.55 | 2 406.68 | 1 771.71 | -13 885.53 | 5 672.38 |
Net earnings | 5 609.11 | 4 224.45 | - 405.52 | -11 228.12 | -1 052.48 |
Shareholders equity total | 55 387.60 | 58 012.05 | 54 666.53 | 40 438.41 | 37 385.93 |
Balance sheet total (assets) | 122 703.29 | 128 480.27 | 126 303.82 | 108 274.83 | 100 417.15 |
Net debt | 46 315.32 | 53 136.19 | 52 437.98 | 50 549.79 | 48 130.79 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.8 % | 4.0 % | 0.5 % | -12.1 % | 2.0 % |
ROE | 10.5 % | 7.5 % | -0.7 % | -23.6 % | -2.7 % |
ROI | 5.9 % | 4.0 % | 0.5 % | -12.4 % | 2.0 % |
Economic value added (EVA) | -3 181.94 | -2 626.10 | -4 209.62 | -15 703.81 | - 284.94 |
Solvency | |||||
Equity ratio | 45.1 % | 45.2 % | 43.3 % | 37.3 % | 37.2 % |
Gearing | 94.5 % | 94.9 % | 102.5 % | 138.0 % | 140.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 10.0 | 5.9 | 6.7 | 2.3 | 8.0 |
Current ratio | 10.0 | 5.9 | 6.7 | 2.3 | 8.0 |
Cash and cash equivalents | 6 029.73 | 1 944.64 | 3 573.54 | 5 256.04 | 4 261.91 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | A | BBB | A |
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