MESCO DENMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MESCO DENMARK A/S
MESCO DENMARK A/S (CVR number: 13255377K) is a company from KØBENHAVN. The company reported a net sales of 1302 mDKK in 2023, demonstrating a growth of 26 % compared to the previous year. The operating profit percentage was poor at -3.8 % (EBIT: -50.1 mDKK), while net earnings were 65.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.5 %, which can be considered decent but Return on Equity (ROE) was 8.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 46.1 %, 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. MESCO DENMARK A/S's liquidity measured by quick ratio was 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1.61 | 1.81 | 1 244.98 | 1 033.28 | 1 302.01 |
Gross profit | 99.00 | 131.00 | 305.01 | 167.00 | 72.54 |
EBIT | 99.00 | 131.00 | 117.52 | 25.46 | -50.06 |
Net earnings | -86.00 | - 232.00 | 91.41 | 62.31 | 65.66 |
Shareholders equity total | 680.00 | 629.00 | 707.12 | 787.68 | 765.52 |
Balance sheet total (assets) | 1.77 | 1.53 | 1 304.97 | 1 345.36 | 1 339.31 |
Net debt | - 249.91 | - 170.09 | - 143.60 | ||
Profitability | |||||
EBIT-% | 6152.9 % | 7221.6 % | 9.4 % | 2.5 % | -3.8 % |
ROA | 5354.2 % | 7944.2 % | 19.1 % | 3.2 % | 4.5 % |
ROE | -15.0 % | -35.4 % | 13.8 % | 8.4 % | 8.5 % |
ROI | 5354.2 % | 7944.2 % | 24.9 % | 4.2 % | 6.3 % |
Economic value added (EVA) | 75.68 | 96.83 | 55.36 | -46.74 | - 114.31 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 43.0 % | 45.0 % | 46.1 % |
Gearing | 16.3 % | 14.7 % | 0.5 % | ||
Relative net indebtedness % | 42.9 % | 63.8 % | 54.6 % | ||
Liquidity | |||||
Quick ratio | 1.5 | 1.6 | 2.0 | ||
Current ratio | 1.3 | 1.5 | 1.7 | ||
Cash and cash equivalents | 365.16 | 285.56 | 147.17 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | 31.2 | 27.8 | 24.4 | ||
Net working capital % | 22.2 % | 37.6 % | 36.7 % | ||
Credit risk | |||||
Credit rating | B | B | AAA | AA | A |
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