Merchant Equity Large Cap VIII A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Merchant Equity Large Cap VIII A/S
Merchant Equity Large Cap VIII A/S (CVR number: 38860577) is a company from KØBENHAVN. The company recorded a gross profit of 0 kEUR in 2023. The operating profit was -4384.6 kEUR, while net earnings were -5931.1 kEUR. The profitability of the company measured by Return on Assets (ROA) was -4.9 %, which can be considered poor and Return on Equity (ROE) was -5.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Merchant Equity Large Cap VIII A/S's liquidity measured by quick ratio was 19.6 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 financialsGross profit (kEUR)
EBIT (kEUR)
Profitability
Solidity
Key figures (kEUR)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -1 048.58 | -1 055.92 | |||
| EBIT | -1 087.20 | 23 205.82 | 104 227.15 | -20 537.31 | -4 384.63 |
| Net earnings | 6 422.79 | 23 205.82 | 104 221.09 | -20 824.75 | -5 931.07 |
| Shareholders equity total | 12 803.37 | 36 009.20 | 140 230.29 | 119 405.54 | 113 474.47 |
| Balance sheet total (assets) | 65 758.18 | 129 810.99 | 210 076.48 | 165 774.61 | 147 085.59 |
| Net debt | 52 925.04 | 93 748.90 | 63 909.68 | 46 312.11 | 33 534.76 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 17.7 % | 48.6 % | 123.3 % | -21.3 % | -4.9 % |
| ROE | 67.0 % | 95.1 % | 118.3 % | -16.0 % | -5.1 % |
| ROI | 17.8 % | 48.6 % | 123.3 % | -21.3 % | -4.9 % |
| Economic value added (EVA) | -1 407.83 | 19 902.23 | 97 704.90 | -31 093.05 | -12 713.48 |
| Solvency | |||||
| Equity ratio | 100.0 % | 100.0 % | 100.0 % | 100.0 % | 100.0 % |
| Gearing | 413.5 % | 260.5 % | 49.8 % | 38.8 % | 29.6 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 18.5 | 20.4 | 511.2 | 11.4 | 19.6 |
| Current ratio | 18.5 | 20.4 | 511.2 | 11.4 | 19.6 |
| Cash and cash equivalents | 14.75 | 38.07 | 5 924.40 | 30.71 | 59.56 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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