MELGAARD HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 28109180
Hørup Tværvej 2, Hørup 7300 Jelling

Company information

Official name
MELGAARD HOLDING ApS
Established
2004
Domicile
Hørup
Company form
Private limited company
Industry

About MELGAARD HOLDING ApS

MELGAARD HOLDING ApS (CVR number: 28109180) is a company from VEJLE. The company reported a net sales of 12.6 mDKK in 2024, demonstrating a decline of -21.6 % compared to the previous year. The operating profit percentage was at 102.5 % (EBIT: 12.9 mDKK), while net earnings were 17 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.2 %, which can be considered good and Return on Equity (ROE) was 10.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 98.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MELGAARD HOLDING ApS's liquidity measured by quick ratio was 47 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales12 623.47846.1720 238.3416 060.5312 593.99
Gross profit12 935.32568.1320 954.6116 731.1613 313.71
EBIT12 547.80417.7620 429.7616 243.8612 911.05
Net earnings14 738.2916 170.0815 598.9019 807.0216 967.74
Shareholders equity total96 412.24111 132.32129 735.11149 345.80163 813.53
Balance sheet total (assets)99 402.22113 888.89134 761.90152 545.68166 166.36
Net debt-32 755.23-41 937.14-47 370.08-59 865.11-80 980.93
Profitability
EBIT-%99.4 %49.4 %100.9 %101.1 %102.5 %
ROA16.9 %16.7 %18.5 %15.1 %12.2 %
ROE16.5 %15.6 %13.0 %14.2 %10.8 %
ROI17.3 %17.0 %18.9 %15.4 %12.3 %
Economic value added (EVA)7 819.99-4 567.9516 626.178 811.584 392.51
Solvency
Equity ratio97.0 %97.6 %96.3 %97.9 %98.6 %
Gearing1.0 %1.0 %1.1 %1.0 %1.2 %
Relative net indebtedness %-243.9 %-4769.2 %-216.7 %-362.8 %-640.5 %
Liquidity
Quick ratio17.622.114.627.747.0
Current ratio17.522.114.627.747.0
Cash and cash equivalents33 714.7343 029.2048 778.5261 354.3182 879.45
Capital use efficiency
Trade debtors turnover (days)1.015.5
Net working capital %137.5 %1692.2 %112.0 %133.4 %215.6 %
Credit risk
Credit ratingAAAAAAAAAAA

Variable visualization

ROA:12.2%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.6%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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