Menardi Filters Europe A/S — Credit Rating and Financial Key Figures

CVR number: 38209205
Industrivej 13, Assens 9550 Mariager

Credit rating

Company information

Official name
Menardi Filters Europe A/S
Established
2016
Domicile
Assens
Company form
Limited company
Industry
  • Expand more icon13Manufacture of textiles

About Menardi Filters Europe A/S

Menardi Filters Europe A/S (CVR number: 38209205) is a company from MARIAGERFJORD. The company recorded a gross profit of 2300 kDKK in 2023. The operating profit was 1133 kDKK, while net earnings were 909 kDKK. The profitability of the company measured by Return on Assets (ROA) was 37.8 %, which can be considered excellent and Return on Equity (ROE) was 44 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 60.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Menardi Filters Europe A/S's liquidity measured by quick ratio was 1.8 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit42.00558.001 695.001 593.002 300.00
EBIT42.00558.00503.00410.001 133.00
Net earnings-14.00561.00400.0040.00909.00
Shareholders equity total612.001 173.001 573.001 613.002 522.00
Balance sheet total (assets)2 427.001 964.002 496.002 286.004 150.00
Net debt206.00375.00- 754.00- 692.00-1 858.00
Profitability
EBIT-%
ROA1.8 %33.1 %25.1 %17.1 %37.8 %
ROE-2.3 %62.9 %29.1 %2.5 %44.0 %
ROI3.9 %61.4 %30.9 %19.8 %49.4 %
Economic value added (EVA)-1.64407.06333.26305.29860.92
Solvency
Equity ratio25.2 %59.7 %63.0 %70.6 %60.8 %
Gearing33.7 %32.0 %31.5 %28.6 %13.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.12.12.32.41.8
Current ratio1.32.52.73.42.5
Cash and cash equivalents1 249.001 153.002 191.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBA

Variable visualization

ROA:37.8%
Rating: 88/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.8%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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