Meldgaard & Larsen Biler ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Meldgaard & Larsen Biler ApS
Meldgaard & Larsen Biler ApS (CVR number: 41080078) is a company from RANDERS. The company recorded a gross profit of 1988.9 kDKK in 2024. The operating profit was 263.4 kDKK, while net earnings were -266.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2 %, which can be considered weak but Return on Equity (ROE) was -3.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -0.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Meldgaard & Larsen Biler ApS's liquidity measured by quick ratio was 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 | 146.55 | 559.69 | 1 138.02 | 1 981.25 | 1 988.87 |
EBIT | - 225.86 | -1 033.16 | - 445.10 | 442.70 | 263.44 |
Net earnings | - 257.22 | - 954.47 | - 513.32 | 55.46 | - 266.08 |
Shareholders equity total | - 217.22 | -1 171.70 | 114.98 | 170.44 | -95.63 |
Balance sheet total (assets) | 5 388.78 | 5 593.31 | 10 026.08 | 11 258.96 | 14 801.52 |
Net debt | 4 374.53 | 3 600.08 | 9 275.81 | 8 568.89 | 11 481.67 |
Profitability | |||||
EBIT-% | |||||
ROA | -4.0 % | -16.6 % | -4.6 % | 4.3 % | 2.0 % |
ROE | -4.8 % | -17.4 % | -18.0 % | 38.9 % | -3.6 % |
ROI | -4.3 % | -17.9 % | -4.9 % | 4.7 % | 2.2 % |
Economic value added (EVA) | - 176.78 | - 749.42 | - 156.60 | 314.37 | 268.28 |
Solvency | |||||
Equity ratio | -3.9 % | -17.5 % | 1.2 % | 1.5 % | -0.6 % |
Gearing | -2437.4 % | -531.2 % | 8154.2 % | 5747.1 % | -14561.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 11.2 | 9.4 | 3.2 | 4.4 | 8.0 |
Current ratio | 17.3 | 10.2 | 6.8 | 8.6 | 15.2 |
Cash and cash equivalents | 920.14 | 2 624.29 | 100.00 | 1 226.75 | 2 443.86 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BBB | BBB |
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