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

CVR number: 38511912
Rønnebærvej 7-9, 7400 Herning
tel: 97217346

Company information

Official name
OLE MELDGAARD A/S
Personnel
1 person
Established
1962
Company form
Limited company
Industry

About OLE MELDGAARD A/S

OLE MELDGAARD A/S (CVR number: 38511912) is a company from HERNING. The company recorded a gross profit of 404.6 kDKK in 2023. The operating profit was 404.6 kDKK, while net earnings were 286.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.4 %, which can be considered decent but Return on Equity (ROE) was 10 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 38.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. OLE MELDGAARD A/S's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit531.47437.43359.21350.62404.61
EBIT328.07395.02359.21350.62404.61
Net earnings301.98305.48370.34246.42286.68
Shareholders equity total5 865.756 171.236 541.582 734.403 021.08
Balance sheet total (assets)11 231.1911 469.0911 884.657 677.197 923.21
Net debt3 599.383 476.253 313.513 146.933 101.09
Profitability
EBIT-%
ROA4.3 %4.9 %4.6 %3.8 %5.4 %
ROE5.3 %5.1 %5.8 %5.3 %10.0 %
ROI4.4 %5.0 %4.7 %4.0 %5.6 %
Economic value added (EVA)- 203.89- 156.90- 196.28- 213.3528.48
Solvency
Equity ratio52.2 %53.8 %55.0 %35.6 %38.1 %
Gearing61.4 %56.4 %50.7 %115.1 %102.7 %
Relative net indebtedness %
Liquidity
Quick ratio8.79.06.90.91.1
Current ratio8.79.06.90.91.1
Cash and cash equivalents0.073.100.370.380.62
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:5.41%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.1%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.