Danish Mermaid ApS — Credit Rating and Financial Key Figures

CVR number: 36732385
Sarabjerg 16, 8660 Skanderborg

Company information

Official name
Danish Mermaid ApS
Established
2015
Company form
Private limited company
Industry

About Danish Mermaid ApS

Danish Mermaid ApS (CVR number: 36732385) is a company from SKANDERBORG. The company recorded a gross profit of -4.9 kDKK in 2023. The operating profit was -4.9 kDKK, while net earnings were 1199.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.8 %, which can be considered excellent and Return on Equity (ROE) was 24.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 89.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Danish Mermaid ApS's liquidity measured by quick ratio was 3.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-2.82-2.50-6.20-4.94
EBIT-2.82-2.50-6.20-4.94
Net earnings61.54-1 041.37- 242.182 013.491 199.85
Shareholders equity total3 571.382 474.712 232.534 246.025 445.87
Balance sheet total (assets)3 938.932 668.842 443.444 617.846 101.27
Net debt122.55122.48127.44132.54
Profitability
EBIT-%
ROA1.8 %-30.8 %-9.4 %56.8 %22.8 %
ROE1.7 %-34.4 %-10.3 %62.2 %24.8 %
ROI2.0 %-33.0 %-9.7 %59.6 %24.6 %
Economic value added (EVA)66.7776.5125.0011.47109.62
Solvency
Equity ratio90.7 %92.7 %91.4 %91.9 %89.3 %
Gearing5.0 %5.5 %3.0 %2.4 %
Relative net indebtedness %
Liquidity
Quick ratio8.53.33.12.33.2
Current ratio8.53.33.12.33.2
Cash and cash equivalents0.07
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:22.8%
Rating: 78/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:89.3%
Rating: 69/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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