MENETA Holding A/S — Credit Rating and Financial Key Figures

CVR number: 25673948
Strandholtvej 49, Stige 5270 Odense N
tel: 66188934

Credit rating

Company information

Official name
MENETA Holding A/S
Personnel
26 persons
Established
2000
Domicile
Stige
Company form
Limited company
Industry

About MENETA Holding A/S

MENETA Holding A/S (CVR number: 25673948K) is a company from ODENSE. The company reported a net sales of 1016.9 mDKK in 2023, demonstrating a growth of 0.2 % compared to the previous year. The operating profit percentage was at 9.9 % (EBIT: 101.1 mDKK), while net earnings were 78.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 9.7 %, which can be considered good and Return on Equity (ROE) was 13.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 67.3 %, 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 Holding A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales720.64689.09967.091 014.971 016.87
Gross profit263.91276.07342.92316.45364.24
EBIT65.2177.8298.5756.91101.08
Net earnings50.6957.4685.2534.5278.94
Shareholders equity total471.99505.50606.60697.00723.39
Balance sheet total (assets)742.36754.40988.371 187.761 075.59
Net debt145.3978.11
Profitability
EBIT-%9.0 %11.3 %10.2 %5.6 %9.9 %
ROA9.4 %10.4 %11.3 %5.8 %9.7 %
ROE11.3 %11.8 %15.3 %5.8 %13.1 %
ROI9.4 %10.4 %11.3 %6.4 %11.5 %
Economic value added (EVA)43.8854.1073.1712.7930.72
Solvency
Equity ratio100.0 %100.0 %100.0 %58.7 %67.3 %
Gearing35.7 %22.3 %
Relative net indebtedness %38.2 %26.4 %
Liquidity
Quick ratio1.21.2
Current ratio1.92.2
Cash and cash equivalents103.1582.89
Capital use efficiency
Trade debtors turnover (days)87.671.1
Net working capital %34.0 %32.2 %
Credit risk
Credit ratingBBBBBBBBBAAAAAA

Variable visualization

ROA:9.69%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.3%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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