MEINICHE A/S — Credit Rating and Financial Key Figures

CVR number: 35672079
Jens Baggesens Vej 5, 7500 Holstebro
info@meiniche.dk
tel: 97423033
www.meiniche.dk

Company information

Official name
MEINICHE A/S
Personnel
22 persons
Established
2014
Company form
Limited company
Industry

About MEINICHE A/S

MEINICHE A/S (CVR number: 35672079) is a company from HOLSTEBRO. The company recorded a gross profit of 8933.3 kDKK in 2023. The operating profit was 1356.5 kDKK, while net earnings were 787.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.3 %, which can be considered good and Return on Equity (ROE) was 12.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 40.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MEINICHE A/S's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit7 543.238 146.989 294.488 833.088 933.29
EBIT1 286.871 739.982 869.501 786.011 356.50
Net earnings723.481 126.872 020.711 271.18787.31
Shareholders equity total2 355.753 382.615 203.326 174.506 661.80
Balance sheet total (assets)9 405.3611 175.1513 164.3016 591.2116 508.20
Net debt3 088.952 995.632 426.074 423.503 496.20
Profitability
EBIT-%
ROA12.8 %17.1 %23.8 %12.2 %8.3 %
ROE36.3 %39.3 %47.1 %22.3 %12.3 %
ROI19.2 %27.9 %38.2 %13.9 %7.8 %
Economic value added (EVA)921.311 237.572 066.721 126.40743.36
Solvency
Equity ratio25.0 %30.6 %40.0 %38.3 %40.4 %
Gearing132.8 %89.2 %47.0 %71.7 %52.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.20.30.70.8
Current ratio1.41.51.75.06.4
Cash and cash equivalents39.2220.5517.645.739.77
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:8.29%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.4%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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