MELDGAARD & LARSEN ApS — Credit Rating and Financial Key Figures

CVR number: 29978093
Virkevangen 8, Assentoft 8960 Randers SØ

Credit rating

Company information

Official name
MELDGAARD & LARSEN ApS
Personnel
5 persons
Established
2006
Domicile
Assentoft
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About MELDGAARD & LARSEN ApS

MELDGAARD & LARSEN ApS (CVR number: 29978093) is a company from RANDERS. The company recorded a gross profit of 151.4 kDKK in 2024. The operating profit was 151.4 kDKK, while net earnings were 149.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 45 %, which can be considered excellent and Return on Equity (ROE) was 833 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -93.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. MELDGAARD & LARSEN ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit1 250.18- 270.84-9.05174.14151.38
EBIT- 346.12- 277.34-9.05145.32151.38
Net earnings- 393.85- 310.78-20.67190.57149.94
Shareholders equity total- 268.85- 579.63- 600.30- 409.73- 259.78
Balance sheet total (assets)222.12119.741.9419.0017.00
Net debt303.98452.67344.61127.4044.01
Profitability
EBIT-%
ROA-6.3 %-46.6 %-1.4 %40.9 %45.0 %
ROE-72.4 %-181.8 %-34.0 %1819.9 %833.0 %
ROI-6.9 %-73.3 %-2.2 %89.3 %185.1 %
Economic value added (EVA)- 345.99- 285.2520.08175.48171.97
Solvency
Equity ratio-54.8 %-82.9 %-99.7 %-95.6 %-93.9 %
Gearing-113.1 %-78.1 %-57.4 %-31.1 %-16.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.20.00.00.1
Current ratio0.50.20.00.00.1
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:45.0%
Rating: 92/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-93.9%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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