Meldgaard & Larsen Biler ApS — Credit Rating and Financial Key Figures

CVR number: 41080078
Virkevangen 8, Assentoft 8960 Randers SØ

Credit rating

Company information

Official name
Meldgaard & Larsen Biler ApS
Personnel
3 persons
Established
2020
Domicile
Assentoft
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit146.55559.691 138.021 981.251 988.87
EBIT- 225.86-1 033.16- 445.10442.70263.44
Net earnings- 257.22- 954.47- 513.3255.46- 266.08
Shareholders equity total- 217.22-1 171.70114.98170.44-95.63
Balance sheet total (assets)5 388.785 593.3110 026.0811 258.9614 801.52
Net debt4 374.533 600.089 275.818 568.8911 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- 156.60314.37268.28
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 ratio11.29.43.24.48.0
Current ratio17.310.26.88.615.2
Cash and cash equivalents920.142 624.29100.001 226.752 443.86
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:2.03%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-0.64%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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