OLE MELDGAARD & CO. ApS — Credit Rating and Financial Key Figures

CVR number: 35642056
Rønnebærvej 7, 7400 Herning
jg@olemeldgaard.dk
tel: 97125011
www.olemeldgaard.dk

Company information

Official name
OLE MELDGAARD & CO. ApS
Personnel
3 persons
Established
2014
Company form
Private limited company
Industry

About OLE MELDGAARD & CO. ApS

OLE MELDGAARD & CO. ApS (CVR number: 35642056) is a company from HERNING. The company recorded a gross profit of 869.9 kDKK in 2024. The operating profit was 559.7 kDKK, while net earnings were 432.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 28.6 %, which can be considered excellent and Return on Equity (ROE) was 37.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 56.9 %, 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. OLE MELDGAARD & CO. ApS's liquidity measured by quick ratio was 1.7 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 profit273.08245.90590.48599.19869.92
EBIT-26.6622.98368.28283.48559.72
Net earnings-22.6818.54280.62214.23432.59
Shareholders equity total511.51530.05810.671 024.901 307.49
Balance sheet total (assets)1 199.531 173.801 682.671 613.452 299.83
Net debt- 316.39- 321.78-1 168.23-1 043.28-1 219.31
Profitability
EBIT-%
ROA-2.3 %2.4 %26.3 %17.5 %28.6 %
ROE-4.3 %3.6 %41.9 %23.3 %37.1 %
ROI-4.4 %5.0 %55.0 %31.3 %46.1 %
Economic value added (EVA)-42.4010.76276.47238.06436.92
Solvency
Equity ratio42.6 %45.2 %48.2 %63.5 %56.9 %
Gearing11.6 %2.9 %7.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.00.71.72.71.7
Current ratio1.41.41.82.82.3
Cash and cash equivalents375.68337.121 168.231 043.281 318.35
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:28.6%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.9%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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