MERMAID CARE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MERMAID CARE A/S
MERMAID CARE A/S (CVR number: 10006120) is a company from AALBORG. The company reported a net sales of 2 mDKK in 2022, demonstrating a growth of 281.3 % compared to the previous year. The operating profit percentage was poor at -605.7 % (EBIT: -12.4 mDKK), while net earnings were -12.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was -55 %, which can be considered poor and Return on Equity (ROE) was -162.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 41.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MERMAID CARE A/S's liquidity measured by quick ratio was 1.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 535.73 | 2 042.91 | |||
Gross profit | -9 945.31 | -7 594.81 | 530.34 | 2 905.09 | 20 390.91 |
EBIT | -9 403.83 | -8 379.18 | -7 278.25 | -5 852.50 | -12 372.99 |
Net earnings | -7 388.95 | -6 536.42 | -5 129.53 | -3 971.13 | -12 453.40 |
Shareholders equity total | 27 971.59 | 21 435.17 | 16 305.64 | 12 334.51 | 3 012.65 |
Balance sheet total (assets) | 46 675.09 | 53 996.51 | 50 858.23 | 37 699.70 | 7 256.96 |
Net debt | -5 705.61 | -8 289.80 | -9 515.76 | -1 093.72 | - 640.58 |
Profitability | |||||
EBIT-% | -1092.4 % | -605.7 % | |||
ROA | -22.6 % | -16.6 % | -13.9 % | -13.2 % | -55.0 % |
ROE | -23.3 % | -26.5 % | -27.2 % | -27.7 % | -162.3 % |
ROI | -29.5 % | -32.8 % | -36.3 % | -39.6 % | -129.9 % |
Economic value added (EVA) | -8 029.75 | -6 475.56 | -4 195.16 | -2 757.74 | -11 560.86 |
Solvency | |||||
Equity ratio | 59.9 % | 39.7 % | 32.1 % | 32.7 % | 41.5 % |
Gearing | |||||
Relative net indebtedness % | 4530.5 % | -4.7 % | |||
Liquidity | |||||
Quick ratio | 0.5 | 0.4 | 0.3 | 0.1 | 1.4 |
Current ratio | 0.5 | 0.4 | 0.3 | 0.1 | 1.4 |
Cash and cash equivalents | 5 705.61 | 8 289.80 | 9 515.76 | 1 093.72 | 640.58 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 233.6 | ||||
Net working capital % | -4255.3 % | 10.4 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BB |
Variable visualization
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