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

CVR number: 41080078
Virkevangen 8, Assentoft 8960 Randers SØ
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Company information

Official name
Meldgaard & Larsen Biler ApS
Personnel
4 persons
Established
2020
Domicile
Assentoft
Company form
Private limited company
Industry

About Meldgaard & Larsen Biler ApS

Meldgaard & Larsen Biler ApS (CVR number: 41080078) is a company from RANDERS. The company recorded a gross profit of 3932.6 kDKK in 2025. The operating profit was 1927.6 kDKK, while net earnings were 1086.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.8 %, which can be considered good and Return on Equity (ROE) was 13.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 6.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Meldgaard & Larsen Biler ApS's liquidity measured by quick ratio was 2.3 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
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit559.691 138.021 981.251 988.873 932.59
EBIT-1 033.16- 445.10442.70263.441 927.57
Net earnings- 954.47- 513.3255.46- 266.081 086.93
Shareholders equity total-1 171.70114.98170.44-95.63991.30
Balance sheet total (assets)5 593.3110 026.0811 258.9614 801.5216 154.47
Net debt3 600.089 275.818 568.8911 481.6712 436.33
Profitability
EBIT-%
ROA-16.6 %-4.6 %4.3 %2.0 %12.8 %
ROE-17.4 %-18.0 %38.9 %-3.6 %13.8 %
ROI-17.9 %-4.9 %4.7 %2.2 %14.4 %
Economic value added (EVA)-1 061.94- 601.47- 161.91- 285.80796.55
Solvency
Equity ratio-17.5 %1.2 %1.5 %-0.6 %6.1 %
Gearing-531.2 %8154.2 %5747.1 %-14561.6 %1283.7 %
Relative net indebtedness %
Liquidity
Quick ratio9.43.24.48.02.3
Current ratio10.26.88.615.26.6
Cash and cash equivalents2 624.29100.001 226.752 443.86288.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:12.8%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:6.14%
Rating: 6/100
-1%
21%
50%
81%
99%
100%
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Roles

Companies in the same industry

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