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

Credit rating

Company information

Official name
MEINICHE A/S
Personnel
24 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 7189.8 kDKK in 2024. The operating profit was -503.8 kDKK, while net earnings were -662.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.3 %, which can be considered poor and Return on Equity (ROE) was -10.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 46.6 %, 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 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit8 146.989 294.488 833.088 933.297 189.78
EBIT1 739.982 869.501 786.011 356.50- 503.84
Net earnings1 126.872 020.711 271.18787.31- 662.24
Shareholders equity total3 382.615 203.326 174.506 661.805 699.56
Balance sheet total (assets)11 175.1513 164.3016 591.2116 508.2012 226.23
Net debt2 995.632 426.074 423.503 496.201 967.59
Profitability
EBIT-%
ROA17.1 %23.8 %12.2 %8.3 %-3.3 %
ROE39.3 %47.1 %22.3 %12.3 %-10.7 %
ROI27.9 %38.2 %13.9 %9.3 %-4.8 %
Economic value added (EVA)1 078.411 914.121 002.72186.21- 982.77
Solvency
Equity ratio30.6 %40.0 %38.3 %40.4 %46.6 %
Gearing89.2 %47.0 %71.7 %52.6 %34.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.30.70.20.3
Current ratio1.51.75.02.12.1
Cash and cash equivalents20.5517.645.739.7712.66
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:-3.29%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:46.6%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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