Mejeriet Copenhagen - MECO A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Mejeriet Copenhagen - MECO A/S
Mejeriet Copenhagen - MECO A/S (CVR number: 38696173) is a company from FREDERIKSBERG. The company reported a net sales of 1.1 mDKK in 2019, demonstrating a growth of 9.4 % compared to the previous year. The operating profit percentage was at 48.3 % (EBIT: 0.5 mDKK), while net earnings were 391.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 85.3 %, which can be considered excellent and Return on Equity (ROE) was 128.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 95.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Mejeriet Copenhagen - MECO A/S's liquidity measured by quick ratio was 40.5 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|
Volume | ||||
Net sales | 1 102.00 | 965.00 | 1 055.45 | |
Gross profit | - 161.00 | 338.00 | 637.20 | |
EBIT | - 530.00 | 56.00 | 509.54 | |
Net earnings | - 521.00 | 129.00 | 391.07 | |
Shareholders equity total | -21.00 | 108.00 | 499.64 | |
Balance sheet total (assets) | 440.00 | 674.00 | 520.82 | |
Net debt | 216.00 | 348.00 | 0.62 | |
Profitability | ||||
EBIT-% | -48.1 % | 5.8 % | 48.3 % | |
ROA | -115.0 % | 9.9 % | 85.3 % | |
ROE | -118.4 % | 47.1 % | 128.7 % | |
ROI | -245.4 % | 16.7 % | 106.6 % | |
Economic value added (EVA) | - 503.89 | 40.82 | 388.23 | |
Solvency | ||||
Equity ratio | -4.6 % | 16.0 % | 95.9 % | |
Gearing | -1028.6 % | 322.2 % | 0.1 % | |
Relative net indebtedness % | 41.8 % | 58.7 % | 2.0 % | |
Liquidity | ||||
Quick ratio | 0.5 | 0.9 | 40.5 | |
Current ratio | 0.5 | 0.9 | 40.5 | |
Cash and cash equivalents | ||||
Capital use efficiency | ||||
Trade debtors turnover (days) | 40.4 | 147.1 | ||
Net working capital % | -19.4 % | -3.1 % | 39.7 % | |
Credit risk | ||||
Credit rating | B | B | BB | BB |
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