Merxway ApS — Credit Rating and Financial Key Figures

CVR number: 37951579
Scandiagade 40, 2450 København SV
tel: 22711126

Credit rating

Company information

Official name
Merxway ApS
Established
2016
Company form
Private limited company
Industry

About Merxway ApS

Merxway ApS (CVR number: 37951579) is a company from KØBENHAVN. The company recorded a gross profit of 423 kDKK in 2023. The operating profit was 327.6 kDKK, while net earnings were 253.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 46.4 %, which can be considered excellent and Return on Equity (ROE) was 78.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 52.4 %, 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. Merxway ApS's liquidity measured by quick ratio was 2.1 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 sales453.50218.78573.51
Gross profit1.954.3981.50281.57423.00
EBIT1.954.3981.50109.63327.65
Net earnings0.230.0161.7682.77253.92
Shareholders equity total50.3350.33112.09194.86448.78
Balance sheet total (assets)479.28382.27463.08553.79857.06
Net debt-8.6711.57244.23-83.45-46.36
Profitability
EBIT-%0.4 %2.0 %14.2 %
ROA0.6 %0.3 %19.4 %21.6 %46.4 %
ROE0.5 %0.0 %76.0 %53.9 %78.9 %
ROI0.7 %0.4 %19.8 %22.5 %50.0 %
Economic value added (EVA)10.6518.9877.1583.97266.32
Solvency
Equity ratio13.2 %13.2 %24.2 %35.2 %52.4 %
Gearing659.5 %659.4 %297.6 %171.2 %74.3 %
Relative net indebtedness %19.5 %5.3 %45.6 %
Liquidity
Quick ratio8 993.21.22.1
Current ratio4.91.52.1
Cash and cash equivalents340.56320.3289.35417.03379.94
Capital use efficiency
Trade debtors turnover (days)126.8
Net working capital %84.3 %174.6 %80.7 %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:46.4%
Rating: 92/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.4%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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