Meritas Holding ApS — Credit Rating and Financial Key Figures

CVR number: 39994550
Strandøre 16, 2100 København Ø
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Credit rating

Company information

Official name
Meritas Holding ApS
Established
2018
Company form
Private limited company
Industry

About Meritas Holding ApS

Meritas Holding ApS (CVR number: 39994550) is a company from KØBENHAVN. The company recorded a gross profit of -14.7 kDKK in 2024. The operating profit was -14.7 kDKK, while net earnings were -222.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.1 %, which can be considered poor and Return on Equity (ROE) was -23.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 11 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Meritas Holding ApS's liquidity measured by quick ratio was 46.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit654.47-7.56-7.71-13.60-14.66
EBIT654.47-7.56-7.71-13.60-14.66
Net earnings432.35-97.45- 107.19- 138.46- 222.30
Shareholders equity total1 399.761 302.311 195.131 056.67834.37
Balance sheet total (assets)4 702.394 431.764 432.417 103.747 611.50
Net debt2 716.983 101.313 220.236 036.066 765.70
Profitability
EBIT-%
ROA14.8 %0.1 %0.0 %-0.2 %-0.1 %
ROE36.5 %-7.2 %-8.6 %-12.3 %-23.5 %
ROI15.4 %0.1 %0.0 %-0.2 %-0.1 %
Economic value added (EVA)313.60- 229.62- 229.96- 235.95- 371.09
Solvency
Equity ratio29.8 %29.4 %27.0 %14.9 %11.0 %
Gearing215.7 %239.6 %270.2 %571.3 %810.9 %
Relative net indebtedness %
Liquidity
Quick ratio2.548.61.30.046.2
Current ratio2.548.61.30.046.2
Cash and cash equivalents302.3919.269.550.510.42
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-0.10%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:11.0%
Rating: 11/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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