MELDGAARD & LARSEN ApS

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 icon45Wholesale and retail trade and repair of motor vehicles and motorcycles

About the company

MELDGAARD & LARSEN ApS (CVR number: 29978093) is a company from RANDERS. The company recorded a gross profit of 174.1 kDKK in 2023. The operating profit was 145.3 kDKK, while net earnings were 190.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 40.9 %, which can be considered excellent and Return on Equity (ROE) was 1819.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -95.6 %. 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 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
20192020202120222023
Volume
Net sales
Gross profit3 374.741 250.18- 270.84-9.05174.14
EBIT1 236.88- 346.12- 277.34-9.05145.32
Net earnings741.29- 393.85- 310.78-20.67190.57
Shareholders equity total866.29- 268.85- 579.63- 600.30- 409.73
Balance sheet total (assets)8 337.35222.12119.741.9419.00
Net debt6 483.65303.98452.67344.61127.40
Profitability
EBIT-%
ROA18.9 %-6.3 %-46.6 %-1.4 %40.9 %
ROE57.0 %-72.4 %-181.8 %-34.0 %1819.9 %
ROI21.2 %-6.9 %-73.3 %-2.2 %89.3 %
Economic value added (EVA)824.57- 345.99- 285.2520.08175.48
Solvency
Equity ratio10.5 %-54.8 %-82.9 %-99.7 %-95.6 %
Gearing792.7 %-113.1 %-78.1 %-57.4 %-31.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.50.20.00.0
Current ratio1.10.50.20.00.0
Cash and cash equivalents383.09
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBC

Variable visualization

ROA:40.9%
Rating: 89/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-95.6%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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