JM MEICO HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 35671501
Jens Baggesens Vej 3-5, 7500 Holstebro

Company information

Official name
JM MEICO HOLDING ApS
Established
2014
Company form
Private limited company
Industry

About JM MEICO HOLDING ApS

JM MEICO HOLDING ApS (CVR number: 35671501) is a company from HOLSTEBRO. The company recorded a gross profit of -7.6 kDKK in 2023. The operating profit was -7.6 kDKK, while net earnings were 702.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.6 %, which can be considered good and Return on Equity (ROE) was 11.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 97.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. JM MEICO HOLDING ApS's liquidity measured by quick ratio was 4.8 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-6.25-6.50-7.49-6.88-7.63
EBIT-6.25-6.50-7.49-6.88-7.63
Net earnings642.881 008.671 812.711 138.70702.63
Shareholders equity total2 072.933 081.594 837.815 919.306 563.03
Balance sheet total (assets)2 334.193 362.285 262.426 522.266 713.01
Net debt49.79155.36115.25133.35140.98
Profitability
EBIT-%
ROA32.3 %35.4 %42.0 %19.3 %10.6 %
ROE36.7 %39.1 %45.8 %21.2 %11.3 %
ROI35.5 %37.6 %44.2 %20.7 %11.0 %
Economic value added (EVA)47.3180.64122.13199.06231.98
Solvency
Equity ratio88.8 %91.7 %91.9 %90.8 %97.8 %
Gearing2.4 %5.0 %2.4 %2.3 %2.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.81.11.41.64.8
Current ratio0.81.11.41.64.8
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:10.6%
Rating: 59/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.8%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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