MEYN HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 20005580
Vejrup-Vej 63, Vejrup 5491 Blommenslyst
tel: 40316513

Credit rating

Company information

Official name
MEYN HOLDING A/S
Personnel
2 persons
Established
1997
Domicile
Vejrup
Company form
Limited company
Industry

About MEYN HOLDING A/S

MEYN HOLDING A/S (CVR number: 20005580) is a company from ODENSE. The company recorded a gross profit of -168.2 kDKK in 2023. The operating profit was -987.1 kDKK, while net earnings were -27.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.1 %, which can be considered weak but Return on Equity (ROE) was -0.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MEYN HOLDING A/S's liquidity measured by quick ratio was 232.3 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 profit43.28914.3282.7135.14- 168.23
EBIT19.93459.76- 634.901 044.44- 987.08
Net earnings954.225 199.91- 258.82- 468.66-27.70
Shareholders equity total18 824.5223 913.8223 542.0022 958.9422 813.44
Balance sheet total (assets)19 439.4526 149.6725 050.0823 099.6422 975.97
Net debt-6 821.27-20 261.62-19 692.72-17 219.74-21 695.83
Profitability
EBIT-%
ROA5.9 %24.0 %-0.3 %12.9 %0.1 %
ROE5.2 %24.3 %-1.1 %-2.0 %-0.1 %
ROI5.9 %24.2 %-1.3 %-2.4 %0.1 %
Economic value added (EVA)128.14511.78- 683.74662.08-1 065.18
Solvency
Equity ratio96.8 %91.5 %94.3 %99.7 %99.6 %
Gearing2.7 %7.5 %5.6 %
Relative net indebtedness %
Liquidity
Quick ratio136.962.6175.7296.6232.3
Current ratio136.960.5106.0155.4134.1
Cash and cash equivalents7 320.2722 065.1121 001.7217 219.7421 695.83
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:0.07%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.6%
Rating: 94/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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