MERCHANT EQUITY LARGE CAP EUROPE II GP ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MERCHANT EQUITY LARGE CAP EUROPE II GP ApS
MERCHANT EQUITY LARGE CAP EUROPE II GP ApS (CVR number: 30586840) is a company from LYNGBY-TAARBÆK. The company reported a net sales of 0.2 mDKK in 2020, demonstrating a decline of -2.8 % compared to the previous year. The operating profit percentage was at 17.2 % (EBIT: 0 mDKK), while net earnings were 24.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.1 %, which can be considered decent and Return on Equity (ROE) was 7.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 65.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. MERCHANT EQUITY LARGE CAP EUROPE II GP ApS's liquidity measured by quick ratio was 2.9 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 | 2020 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 182.32 | 174.15 | 187.91 | 190.59 | 185.34 |
Gross profit | 104.86 | 106.49 | 105.93 | 112.16 | 114.40 |
EBIT | 22.36 | 23.99 | 25.73 | 29.58 | 31.90 |
Net earnings | 17.37 | 18.61 | 19.94 | 23.23 | 24.16 |
Shareholders equity total | 257.26 | 275.87 | 295.81 | 319.04 | 343.20 |
Balance sheet total (assets) | 366.34 | 374.51 | 406.37 | 512.73 | 525.21 |
Net debt | - 195.22 | - 212.95 | - 232.76 | - 338.78 | - 359.76 |
Profitability | |||||
EBIT-% | 12.3 % | 13.8 % | 13.7 % | 15.5 % | 17.2 % |
ROA | 6.1 % | 6.5 % | 6.6 % | 6.9 % | 6.1 % |
ROE | 6.8 % | 7.0 % | 7.0 % | 7.6 % | 7.3 % |
ROI | 8.7 % | 9.0 % | 9.0 % | 10.3 % | 9.6 % |
Economic value added (EVA) | 17.45 | 15.58 | 16.88 | 19.42 | 25.90 |
Solvency | |||||
Equity ratio | 70.2 % | 73.7 % | 72.8 % | 62.2 % | 65.3 % |
Gearing | |||||
Relative net indebtedness % | -47.2 % | -65.6 % | -65.0 % | -76.1 % | -95.9 % |
Liquidity | |||||
Quick ratio | 3.4 | 3.8 | 3.7 | 2.6 | 2.9 |
Current ratio | 3.4 | 3.8 | 3.7 | 2.6 | 2.9 |
Cash and cash equivalents | 195.22 | 212.95 | 232.76 | 338.78 | 359.76 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 141.1 % | 158.4 % | 157.4 % | 167.4 % | 185.2 % |
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
Variable visualization
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