Merry G ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Merry G ApS
Merry G ApS (CVR number: 40811729) is a company from GENTOFTE. The company recorded a gross profit of 307.2 kDKK in 2023. The operating profit was -57.7 kDKK, while net earnings were -57.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.8 %, which can be considered poor and Return on Equity (ROE) was -40.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Merry G ApS'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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 527.84 | 337.55 | 361.55 | 307.23 |
EBIT | 140.12 | 13.22 | 20.50 | -57.66 |
Net earnings | 106.77 | 10.09 | 15.93 | -57.80 |
Shareholders equity total | 146.77 | 156.86 | 172.78 | 114.98 |
Balance sheet total (assets) | 428.91 | 453.63 | 445.49 | 458.06 |
Net debt | -46.64 | -47.14 | -16.98 | -21.46 |
Profitability | ||||
EBIT-% | ||||
ROA | 32.7 % | 3.0 % | 4.6 % | -12.8 % |
ROE | 72.7 % | 6.6 % | 9.7 % | -40.2 % |
ROI | 95.5 % | 8.7 % | 12.4 % | -40.1 % |
Economic value added (EVA) | 109.03 | 5.28 | 10.48 | -65.48 |
Solvency | ||||
Equity ratio | 34.2 % | 34.6 % | 38.8 % | 25.1 % |
Gearing | ||||
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 0.7 | 1.0 | 0.9 | 0.8 |
Current ratio | 1.5 | 1.5 | 1.5 | 1.3 |
Cash and cash equivalents | 46.64 | 47.14 | 16.98 | 21.46 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BB | BB | BB | BB |
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