MEIER LORENZEN ApS — Credit Rating and Financial Key Figures

CVR number: 33036000
Roald Amundsens Vej 23, 8200 Aarhus N

Credit rating

Company information

Official name
MEIER LORENZEN ApS
Personnel
2 persons
Established
2010
Company form
Private limited company
Industry
  • Expand more icon702000

About MEIER LORENZEN ApS

MEIER LORENZEN ApS (CVR number: 33036000) is a company from AARHUS. The company recorded a gross profit of 1938.1 kDKK in 2023. The operating profit was 685 kDKK, while net earnings were 531.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 41.7 %, which can be considered excellent and Return on Equity (ROE) was 38.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 82.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MEIER LORENZEN ApS's liquidity measured by quick ratio was 5.6 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 profit1 531.891 340.801 728.381 726.001 938.11
EBIT664.43340.42732.01614.68685.01
Net earnings513.83257.89563.26470.22531.82
Shareholders equity total1 519.03956.931 345.191 365.411 397.23
Balance sheet total (assets)1 803.241 184.231 663.861 581.021 700.62
Net debt-1 710.53-1 156.09-1 533.34-1 467.81-1 607.34
Profitability
EBIT-%
ROA39.7 %22.8 %51.4 %37.9 %41.7 %
ROE37.2 %20.8 %48.9 %34.7 %38.5 %
ROI48.2 %27.5 %63.6 %45.4 %49.6 %
Economic value added (EVA)526.55273.22579.16487.31537.06
Solvency
Equity ratio84.2 %80.8 %80.8 %86.4 %82.2 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio6.35.25.27.35.6
Current ratio6.35.25.27.35.6
Cash and cash equivalents1 710.531 156.091 533.341 467.811 607.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:41.7%
Rating: 90/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:82.2%
Rating: 61/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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