Meyland & Baage ApS
Credit rating
Company information
About Meyland & Baage ApS
Meyland & Baage ApS (CVR number: 34042926) is a company from BALLERUP. The company recorded a gross profit of 3856.1 kDKK in 2024. The operating profit was 1707.7 kDKK, while net earnings were 1328.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 43 %, which can be considered excellent and Return on Equity (ROE) was 59.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.2 %, 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. Meyland & Baage ApS's liquidity measured by quick ratio was 2.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 3 111.63 | 2 702.93 | 2 806.46 | 2 595.31 | 3 856.05 |
EBIT | 687.01 | 478.63 | 777.29 | 872.45 | 1 707.66 |
Net earnings | 531.50 | 360.25 | 591.47 | 680.68 | 1 328.71 |
Shareholders equity total | 1 392.85 | 1 531.90 | 1 763.37 | 1 854.04 | 2 582.75 |
Balance sheet total (assets) | 3 473.53 | 2 631.93 | 2 998.29 | 3 376.64 | 4 584.75 |
Net debt | -2 055.32 | -1 382.74 | -2 111.61 | -1 286.49 | -2 106.33 |
Profitability | |||||
EBIT-% | |||||
ROA | 25.6 % | 15.7 % | 27.6 % | 27.4 % | 43.0 % |
ROE | 47.2 % | 24.6 % | 35.9 % | 37.6 % | 59.9 % |
ROI | 60.9 % | 32.7 % | 47.2 % | 48.3 % | 77.1 % |
Economic value added (EVA) | 518.04 | 406.22 | 598.86 | 700.56 | 1 301.56 |
Solvency | |||||
Equity ratio | 40.1 % | 58.2 % | 58.8 % | 58.0 % | 58.2 % |
Gearing | 0.3 % | 0.0 % | 0.0 % | 0.0 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 2.3 | 2.6 | 2.6 | 2.8 |
Current ratio | 1.6 | 2.3 | 2.7 | 2.4 | 2.7 |
Cash and cash equivalents | 2 059.06 | 1 382.74 | 2 111.66 | 1 287.16 | 2 107.49 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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