ME ODENSE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ME ODENSE ApS
ME ODENSE ApS (CVR number: 38152432) is a company from ODENSE. The company reported a net sales of 5 mDKK in 2024, demonstrating a growth of 11.2 % compared to the previous year. The operating profit percentage was at 9.8 % (EBIT: 0.5 mDKK), while net earnings were 381.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 37.5 %, which can be considered excellent and Return on Equity (ROE) was 48.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 67.5 %, 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. ME ODENSE ApS's liquidity measured by quick ratio was 2.7 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 3 503.39 | 4 216.25 | 3 823.03 | 4 509.57 | 5 015.39 |
| Gross profit | 2 552.01 | 3 106.09 | 2 821.12 | 3 251.66 | 3 591.18 |
| EBIT | 32.05 | - 235.14 | - 211.48 | 348.44 | 492.48 |
| Net earnings | 135.52 | 122.31 | - 180.84 | 300.00 | 381.30 |
| Shareholders equity total | 502.89 | 622.20 | 444.36 | 744.36 | 835.77 |
| Balance sheet total (assets) | 1 403.20 | 1 780.32 | 893.60 | 1 401.31 | 1 237.99 |
| Net debt | -1 087.10 | -1 505.62 | -46.99 | - 243.60 | - 315.08 |
| Profitability | |||||
| EBIT-% | 0.9 % | -5.6 % | -5.5 % | 7.7 % | 9.8 % |
| ROA | 16.5 % | 10.0 % | -13.3 % | 30.5 % | 37.5 % |
| ROE | 31.3 % | 21.7 % | -33.9 % | 50.5 % | 48.3 % |
| ROI | 40.5 % | 28.3 % | -26.0 % | 41.1 % | 55.2 % |
| Economic value added (EVA) | 6.66 | - 207.74 | - 242.75 | 273.29 | 334.74 |
| Solvency | |||||
| Equity ratio | 35.8 % | 34.9 % | 49.7 % | 53.1 % | 67.5 % |
| Gearing | 67.5 % | 28.5 % | |||
| Relative net indebtedness % | -5.3 % | -8.2 % | 2.7 % | 4.5 % | 1.7 % |
| Liquidity | |||||
| Quick ratio | 1.3 | 1.4 | 1.5 | 1.9 | 2.7 |
| Current ratio | 1.4 | 1.4 | 1.8 | 2.0 | 2.9 |
| Cash and cash equivalents | 1 087.10 | 1 505.62 | 346.90 | 455.41 | 315.08 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | 10.4 % | 12.3 % | 8.9 % | 14.8 % | 15.5 % |
| Credit risk | |||||
| Credit rating | BB | BB | BB | BBB | BBB |
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