M. Meyer Holding ApS — Credit Rating and Financial Key Figures

CVR number: 39549190
Nellikevej 12, 7000 Fredericia

Credit rating

Company information

Official name
M. Meyer Holding ApS
Established
2018
Company form
Private limited company
Industry

About M. Meyer Holding ApS

M. Meyer Holding ApS (CVR number: 39549190) is a company from FREDERICIA. The company reported a net sales of 0.9 mDKK in 2023, demonstrating a decline of -5.2 % compared to the previous year. The operating profit percentage was at 96.6 % (EBIT: 0.8 mDKK), while net earnings were 897 kDKK. The profitability of the company measured by Return on Assets (ROA) was 48.3 %, which can be considered excellent and Return on Equity (ROE) was 47.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 98.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. M. Meyer Holding ApS's liquidity measured by quick ratio was 74.2 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales-5.00-70.00830.00898.00850.99
Gross profit-9.00-78.00822.00886.00822.08
EBIT-9.00-78.00822.00886.00822.08
Net earnings-8.00-79.00826.00847.00897.00
Shareholders equity total62.00-17.00810.001 543.002 209.37
Balance sheet total (assets)73.0040.001 084.001 546.002 238.62
Net debt53.0062.00- 464.00-1 624.00
Profitability
EBIT-%99.0 %98.7 %96.6 %
ROA-11.5 %-120.0 %144.1 %67.4 %48.3 %
ROE-12.1 %-154.9 %194.4 %72.0 %47.8 %
ROI-13.3 %-135.7 %177.7 %73.4 %48.7 %
Economic value added (EVA)-11.67-82.12824.19857.07729.44
Solvency
Equity ratio84.9 %-29.8 %74.7 %99.8 %98.7 %
Gearing-311.8 %7.7 %
Relative net indebtedness %-220.0 %-81.4 %33.0 %-51.3 %-187.4 %
Liquidity
Quick ratio0.30.8159.374.2
Current ratio0.30.8159.374.2
Cash and cash equivalents464.001 624.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %160.0 %81.4 %-7.2 %3.1 %73.1 %
Credit risk
Credit ratingBBCBBBBBBBBB

Variable visualization

ROA:48.3%
Rating: 94/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.7%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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