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Danish Mermaid ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Danish Mermaid ApS
Danish Mermaid ApS (CVR number: 36732385) is a company from AARHUS. The company recorded a gross profit of -32.4 kDKK in 2024. The operating profit was -32.4 kDKK, while net earnings were 884.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.4 %, which can be considered excellent and Return on Equity (ROE) was 22.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 72.1 %, 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. Danish Mermaid ApS's liquidity measured by quick ratio was 1.9 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -2.50 | -6.20 | -4.94 | -32.40 | |
| EBIT | -2.50 | -6.20 | -4.94 | -32.40 | |
| Net earnings | -1 041.37 | - 242.18 | 2 013.49 | 1 199.85 | 884.16 |
| Shareholders equity total | 2 474.71 | 2 232.53 | 4 246.02 | 5 445.87 | 2 353.72 |
| Balance sheet total (assets) | 2 668.84 | 2 443.44 | 4 617.84 | 6 101.27 | 3 265.99 |
| Net debt | 122.55 | 122.48 | 127.44 | 132.54 | 325.99 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -30.8 % | -9.4 % | 56.8 % | 22.8 % | 21.4 % |
| ROE | -34.4 % | -10.3 % | 62.2 % | 24.8 % | 22.7 % |
| ROI | -33.0 % | -9.7 % | 59.6 % | 24.6 % | 24.2 % |
| Economic value added (EVA) | - 179.46 | - 133.01 | - 122.75 | - 224.70 | - 312.15 |
| Solvency | |||||
| Equity ratio | 92.7 % | 91.4 % | 91.9 % | 89.3 % | 72.1 % |
| Gearing | 5.0 % | 5.5 % | 3.0 % | 2.4 % | 14.6 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 3.3 | 3.1 | 2.3 | 3.2 | 1.9 |
| Current ratio | 3.3 | 3.1 | 2.3 | 3.2 | 1.9 |
| Cash and cash equivalents | 0.07 | 17.26 | |||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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