M E C HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About M E C HOLDING ApS
M E C HOLDING ApS (CVR number: 29926212) is a company from FURESØ. The company recorded a gross profit of -30 kDKK in 2023. The operating profit was -30 kDKK, while net earnings were 91.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.6 %, which can be considered weak and Return on Equity (ROE) was 3.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 95.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. M E C HOLDING ApS's liquidity measured by quick ratio was 20.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -13.67 | -33.92 | -37.59 | -29.99 | |
| EBIT | -12.41 | -13.67 | - 119.98 | -52.53 | -29.99 |
| Net earnings | 497.95 | 1 957.77 | 80.45 | - 573.37 | 91.46 |
| Shareholders equity total | 1 435.94 | 3 283.71 | 3 254.15 | 2 365.78 | 2 297.24 |
| Balance sheet total (assets) | 2 043.44 | 5 756.36 | 3 865.38 | 2 746.33 | 2 414.87 |
| Net debt | - 355.51 | - 652.24 | -2 754.79 | -2 227.48 | -2 309.73 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 27.9 % | 50.1 % | 1.9 % | 1.6 % | 3.6 % |
| ROE | 38.7 % | 83.0 % | 2.5 % | -20.4 % | 3.9 % |
| ROI | 29.7 % | 51.0 % | 1.9 % | 1.6 % | 3.7 % |
| Economic value added (EVA) | -86.07 | - 110.42 | - 382.62 | - 246.39 | - 164.43 |
| Solvency | |||||
| Equity ratio | 70.3 % | 57.0 % | 84.2 % | 86.1 % | 95.1 % |
| Gearing | 34.0 % | 74.7 % | 17.5 % | 13.1 % | 4.6 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.6 | 1.3 | 5.5 | 6.7 | 20.5 |
| Current ratio | 1.6 | 1.3 | 5.5 | 6.7 | 20.5 |
| Cash and cash equivalents | 844.37 | 3 104.53 | 3 324.50 | 2 537.73 | 2 414.87 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BB | BB |
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