The Meat Club ApS — Credit Rating and Financial Key Figures

CVR number: 37851833
Vardevej 1, 9220 Aalborg Øst
info@vanruitenfood.dk
tel: 30180350

Company information

Official name
The Meat Club ApS
Established
2016
Company form
Private limited company
Industry

About The Meat Club ApS

The Meat Club ApS (CVR number: 37851833) is a company from AALBORG. The company recorded a gross profit of 894.1 kDKK in 2023. The operating profit was 118.6 kDKK, while net earnings were 90.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.3 %, which can be considered decent but Return on Equity (ROE) was 14.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at -50.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. The Meat Club ApS's liquidity measured by quick ratio was 0.5 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-36.50-27.48183.54683.09894.14
EBIT- 289.20- 389.68- 244.66238.73118.60
Net earnings- 224.93- 305.57- 195.90184.8390.25
Shareholders equity total- 708.70-1 014.28-1 210.17-1 025.35- 935.09
Balance sheet total (assets)499.44450.06461.85360.45922.73
Net debt- 122.51548.40578.751 183.001 052.81
Profitability
EBIT-%
ROA-22.2 %-29.2 %-15.6 %15.6 %7.3 %
ROE-32.4 %-64.4 %-43.0 %45.0 %14.1 %
ROI-135.2 %-41.9 %26.7 %8.5 %
Economic value added (EVA)- 197.36- 262.43- 143.35246.66144.09
Solvency
Equity ratio-58.7 %-69.3 %-72.4 %-74.0 %-50.3 %
Gearing-56.8 %-48.8 %-116.9 %-171.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.30.30.30.5
Current ratio0.40.30.30.30.5
Cash and cash equivalents122.5128.1011.4515.30553.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:7.32%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-50.3%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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