MERCHANT EQUITY FUND-OF-FUNDS KOMPLEMENTAR ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MERCHANT EQUITY FUND-OF-FUNDS KOMPLEMENTAR ApS
MERCHANT EQUITY FUND-OF-FUNDS KOMPLEMENTAR ApS (CVR number: 29425795) is a company from KØBENHAVN. The company reported a net sales of 0 mEUR in 2023, demonstrating a growth of 1.7 % compared to the previous year. The operating profit percentage was at 24.7 % (EBIT: 0 mEUR), while net earnings were 4.4 kEUR. The profitability of the company measured by Return on Assets (ROA) was 9 %, which can be considered good but Return on Equity (ROE) was 7.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 92.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MERCHANT EQUITY FUND-OF-FUNDS KOMPLEMENTAR ApS's liquidity measured by quick ratio was 13.6 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 financialsNet sales (kEUR)
EBIT (kEUR)
Profitability
Solidity
Key figures (kEUR)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 25.89 | 25.44 | 22.11 | 23.11 | 23.50 |
Gross profit | 15.38 | 15.78 | 16.23 | 16.84 | 16.89 |
EBIT | 4.33 | 4.70 | 5.14 | 5.75 | 5.81 |
Net earnings | 3.17 | 4.51 | 3.75 | 3.45 | 4.37 |
Shareholders equity total | 46.54 | 51.04 | 54.79 | 58.24 | 62.61 |
Balance sheet total (assets) | 56.70 | 59.27 | 58.52 | 62.11 | 67.59 |
Net debt | -33.61 | -36.86 | -40.87 | -43.48 | -48.63 |
Profitability | |||||
EBIT-% | 16.7 % | 18.5 % | 23.2 % | 24.9 % | 24.7 % |
ROA | 7.4 % | 8.3 % | 8.7 % | 9.5 % | 9.0 % |
ROE | 7.0 % | 9.2 % | 7.1 % | 6.1 % | 7.2 % |
ROI | 9.6 % | 9.8 % | 9.7 % | 10.2 % | 9.6 % |
Economic value added (EVA) | 2.15 | 2.37 | 2.57 | 0.90 | 1.55 |
Solvency | |||||
Equity ratio | 82.1 % | 86.1 % | 93.6 % | 93.8 % | 92.6 % |
Gearing | |||||
Relative net indebtedness % | -90.6 % | -112.6 % | -168.0 % | -171.4 % | -185.7 % |
Liquidity | |||||
Quick ratio | 5.6 | 7.2 | 15.7 | 16.0 | 13.6 |
Current ratio | 5.6 | 7.2 | 15.7 | 16.0 | 13.6 |
Cash and cash equivalents | 33.61 | 36.86 | 40.87 | 43.48 | 48.63 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 179.8 % | 200.7 % | 247.8 % | 252.0 % | 266.4 % |
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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