MECHE ApS — Credit Rating and Financial Key Figures

CVR number: 16014907
Drejøvej 39, 7680 Thyborøn

Credit rating

Company information

Official name
MECHE ApS
Established
1992
Company form
Private limited company
Industry

About MECHE ApS

MECHE ApS (CVR number: 16014907) is a company from LEMVIG. The company recorded a gross profit of -3.3 kDKK in 2023. The operating profit was -3.3 kDKK, while net earnings were -36.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.6 %, which can be considered weak but Return on Equity (ROE) was -4.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 91.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MECHE ApS's liquidity measured by quick ratio was 65.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-6.88-6.34-2.69-2.99-3.29
EBIT-6.88-6.34-2.69-2.99-3.29
Net earnings-56.12119.57-9.33-40.70-36.52
Shareholders equity total1 159.821 177.381 055.06894.35737.83
Balance sheet total (assets)1 220.061 240.081 120.25962.14808.91
Net debt-1 158.77-1 178.87-1 044.52- 883.52- 743.64
Profitability
EBIT-%
ROA0.5 %9.8 %5.7 %1.7 %0.6 %
ROE-4.5 %10.2 %-0.8 %-4.2 %-4.5 %
ROI0.5 %9.8 %5.7 %1.7 %0.6 %
Economic value added (EVA)-4.38-3.810.09-0.69-0.88
Solvency
Equity ratio95.1 %94.9 %94.2 %93.0 %91.2 %
Gearing4.4 %4.6 %5.3 %6.6 %8.0 %
Relative net indebtedness %
Liquidity
Quick ratio135.6137.8124.5106.965.8
Current ratio135.6137.8124.5106.965.8
Cash and cash equivalents1 210.011 232.571 100.71942.31802.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:0.64%
Rating: 23/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.2%
Rating: 72/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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