MELDGAARD ELECTRIC A/S — Credit Rating and Financial Key Figures

CVR number: 16229709
Grønlandsvej 9 E, 8700 Horsens
me@me-electric.dk
tel: 75627990

Credit rating

Company information

Official name
MELDGAARD ELECTRIC A/S
Personnel
12 persons
Established
1992
Company form
Limited company
Industry
  • Expand more icon33Repair and installation of machinery and equipment

About MELDGAARD ELECTRIC A/S

MELDGAARD ELECTRIC A/S (CVR number: 16229709) is a company from HORSENS. The company recorded a gross profit of 8669 kDKK in 2024. The operating profit was 1423.4 kDKK, while net earnings were 1111.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.4 %, which can be considered excellent and Return on Equity (ROE) was 47.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 50.6 %, 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. MELDGAARD ELECTRIC A/S's liquidity measured by quick ratio was 2.2 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 profit5 792.105 481.526 753.117 966.388 669.05
EBIT1 284.93826.581 322.461 532.021 423.44
Net earnings988.42634.991 012.481 191.361 111.15
Shareholders equity total1 934.331 669.312 081.802 273.162 384.31
Balance sheet total (assets)4 559.734 589.275 392.155 782.267 000.01
Net debt-2 213.86-1 392.09-1 434.00-9.30-1 787.06
Profitability
EBIT-%
ROA32.4 %18.1 %26.5 %27.5 %22.4 %
ROE50.9 %35.2 %54.0 %54.7 %47.7 %
ROI57.6 %39.6 %64.0 %63.2 %56.0 %
Economic value added (EVA)990.12678.161 015.741 169.751 004.61
Solvency
Equity ratio42.4 %36.4 %60.8 %59.4 %50.6 %
Gearing19.9 %5.2 %8.4 %8.8 %4.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.33.42.22.2
Current ratio1.71.61.61.71.5
Cash and cash equivalents2 599.451 478.801 609.00210.251 885.23
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:22.4%
Rating: 77/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.6%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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