NIELS MEYN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 33055722
Emil Reesens Vej 5, 2820 Gentofte
niels@meynoglerche.com
tel: 50515797

Credit rating

Company information

Official name
NIELS MEYN HOLDING ApS
Established
2010
Company form
Private limited company
Industry

About NIELS MEYN HOLDING ApS

NIELS MEYN HOLDING ApS (CVR number: 33055722) is a company from GENTOFTE. The company recorded a gross profit of -8.7 kDKK in 2023. The operating profit was -8.7 kDKK, while net earnings were 35.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.1 %, which can be considered good but Return on Equity (ROE) was 1.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 68.7 %, 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. NIELS MEYN HOLDING ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales496.05116.61431.32
Gross profit489.80110.36422.68-16.25-8.72
EBIT489.80110.36422.68-16.25-8.72
Net earnings490.76108.82418.65-31.1635.29
Shareholders equity total1 588.981 642.502 061.141 972.782 008.08
Balance sheet total (assets)1 634.551 648.502 067.153 167.262 924.62
Net debt30.77- 506.15- 603.471 185.75867.15
Profitability
EBIT-%98.7 %94.6 %98.0 %
ROA35.3 %6.7 %22.8 %-0.0 %10.1 %
ROE35.8 %6.7 %22.6 %-1.5 %1.8 %
ROI35.4 %6.7 %22.8 %-0.0 %3.6 %
Economic value added (EVA)521.35134.54420.58-2.20-30.38
Solvency
Equity ratio97.2 %99.6 %99.7 %62.3 %68.7 %
Gearing2.5 %60.2 %45.3 %
Relative net indebtedness %7.4 %-428.9 %-138.5 %
Liquidity
Quick ratio0.284.3100.50.20.0
Current ratio0.284.3100.50.20.0
Cash and cash equivalents8.80506.15603.472.7342.79
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-7.4 %428.9 %138.5 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:10.1%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.7%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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