MENETA ADVANCED SHIMS TECHNOLOGY A/S — Credit Rating and Financial Key Figures

MENETA ADVANCED SHIMS TECHNOLOGY A/S (CVR number: 26314089) is a company from ODENSE. The company reported a net sales of 372.6 mDKK in 2023, demonstrating a growth of 2.1 % compared to the previous year. The operating profit percentage was at 5 % (EBIT: 18.5 mDKK), while net earnings were 14.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.6 %, which can be considered decent and Return on Equity (ROE) was 7.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 72.8 %, 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. MENETA ADVANCED SHIMS TECHNOLOGY A/S's liquidity measured by quick ratio was 2.2 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.