MENVED HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MENVED HOLDING ApS
MENVED HOLDING ApS (CVR number: 20616679) is a company from FAVRSKOV. The company recorded a gross profit of 4964.9 kDKK in 2023. The operating profit was 851.7 kDKK, while net earnings were -2625.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.3 %, which can be considered poor and Return on Equity (ROE) was -2.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 50.5 %, 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. MENVED HOLDING ApS's liquidity measured by quick ratio was 1.7 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 448.98 | 2 464.69 | 4 438.28 | 3 744.97 | 4 964.94 |
EBIT | 1 640.16 | 1 602.75 | 3 398.23 | 2 635.48 | 851.70 |
Net earnings | 8 082.59 | 8 773.68 | 12 804.48 | 51 140.90 | -2 625.91 |
Shareholders equity total | 94 391.76 | 100 417.24 | 75 603.61 | 112 076.04 | 96 092.70 |
Balance sheet total (assets) | 124 935.25 | 128 913.72 | 153 762.25 | 193 017.90 | 190 769.56 |
Net debt | 22 873.99 | 20 408.04 | 62 611.40 | 10 214.19 | 67 486.13 |
Profitability | |||||
EBIT-% | |||||
ROA | 7.2 % | 7.5 % | 9.9 % | 30.6 % | -0.3 % |
ROE | 8.8 % | 9.0 % | 14.5 % | 54.5 % | -2.5 % |
ROI | 7.2 % | 7.5 % | 10.0 % | 30.9 % | -0.3 % |
Economic value added (EVA) | 576.60 | 236.15 | 1 668.08 | 2 335.51 | -1 074.98 |
Solvency | |||||
Equity ratio | 75.8 % | 78.2 % | 49.3 % | 58.2 % | 50.5 % |
Gearing | 27.0 % | 22.7 % | 93.7 % | 64.4 % | 88.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.0 | 1.1 | 0.7 | 13.0 | 1.7 |
Current ratio | 1.7 | 0.9 | 0.6 | 11.6 | 1.6 |
Cash and cash equivalents | 2 649.55 | 2 426.32 | 8 238.84 | 61 946.67 | 17 212.19 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AAA | AAA | AAA | AA | AA |
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