Credit rating
Company information
About Meisner & Wendel ApS
Meisner & Wendel ApS (CVR number: 37102768) is a company from SORØ. The company recorded a gross profit of 818.4 kDKK in 2023. The operating profit was 0.1 kDKK, while net earnings were -4.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered weak but Return on Equity (ROE) was -0.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 50.9 %, 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. Meisner & Wendel ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 867.50 | 786.66 | 958.81 | 926.11 | 818.38 |
EBIT | 121.54 | 162.00 | 343.41 | 114.16 | 0.09 |
Net earnings | 70.53 | 114.27 | 256.49 | 86.29 | -4.88 |
Shareholders equity total | 173.76 | 288.03 | 544.52 | 630.82 | 625.94 |
Balance sheet total (assets) | 859.39 | 1 164.74 | 1 626.92 | 1 254.66 | 1 230.43 |
Net debt | 12.91 | - 325.09 | - 782.18 | - 296.48 | - 185.21 |
Profitability | |||||
EBIT-% | |||||
ROA | 13.5 % | 16.0 % | 24.6 % | 7.9 % | 0.0 % |
ROE | 50.9 % | 49.5 % | 61.6 % | 14.7 % | -0.8 % |
ROI | 41.9 % | 53.8 % | 73.3 % | 18.6 % | 0.0 % |
Economic value added (EVA) | 92.36 | 119.01 | 266.75 | 108.92 | -15.85 |
Solvency | |||||
Equity ratio | 20.2 % | 24.7 % | 33.5 % | 50.3 % | 50.9 % |
Gearing | 40.3 % | 24.3 % | 6.4 % | 2.8 % | 2.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 0.5 | 0.8 | 0.6 | 0.5 |
Current ratio | 1.2 | 1.4 | 1.5 | 2.0 | 2.0 |
Cash and cash equivalents | 57.09 | 395.09 | 817.18 | 313.98 | 202.71 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BBB | BB |
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