MEMETECH A/S — Credit Rating and Financial Key Figures

CVR number: 24208788
Nordre Villavej 7, 7100 Vejle

Credit rating

Company information

Official name
MEMETECH A/S
Established
1999
Company form
Limited company
Industry

About MEMETECH A/S

MEMETECH A/S (CVR number: 24208788) is a company from VEJLE. The company recorded a gross profit of -29.1 kDKK in 2024. The operating profit was -29.1 kDKK, while net earnings were 31.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.1 %, which can be considered weak and Return on Equity (ROE) was 0.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MEMETECH A/S's liquidity measured by quick ratio was 0.1 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-36.77-24.11-23.34-21.37-29.14
EBIT-36.77-24.11-23.34-21.37-29.14
Net earnings0.5358.05123.4291.5131.25
Shareholders equity total48 382.4851 361.4955 619.7152 193.0252 224.27
Balance sheet total (assets)48 402.4851 397.8655 684.0052 259.3252 272.63
Net debt- 443.46-9.0320.18-22.2516.95
Profitability
EBIT-%
ROA0.0 %0.2 %0.3 %0.2 %0.1 %
ROE0.0 %0.1 %0.2 %0.2 %0.1 %
ROI0.0 %0.2 %0.3 %0.2 %0.1 %
Economic value added (EVA)-2 225.72-2 450.03-2 600.56-2 812.62-2 645.44
Solvency
Equity ratio100.0 %99.9 %99.9 %99.9 %99.9 %
Gearing0.0 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio251.9220.9191.60.30.1
Current ratio251.9220.9191.60.30.1
Cash and cash equivalents443.469.030.8822.252.61
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:0.08%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.9%
Rating: 99/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member
Board member
Chief executive officer

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.