MELGAARD HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 28109180
Hørup Tværvej 2, Hørup 7300 Jelling

Credit rating

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 16.1 mDKK in 2023, demonstrating a decline of -20.6 % compared to the previous year. The operating profit percentage was at 101.1 % (EBIT: 16.2 mDKK), while net earnings were 19.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 15.1 %, which can be considered excellent but Return on Equity (ROE) was 14.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 97.9 %, 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 27.7 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
2019
2020
2021
2022
2023
Volume
Net sales10 244.9612 623.47846.1720 238.3416 060.53
Gross profit10 664.3112 935.32568.1320 954.6116 731.16
EBIT10 300.8112 547.80417.7620 429.7616 243.86
Net earnings13 872.5714 738.2916 170.0815 598.9019 807.02
Shareholders equity total81 858.2896 412.24111 132.32129 735.11149 345.80
Balance sheet total (assets)85 143.3299 402.22113 888.89134 761.90152 545.68
Net debt-28 588.41-32 755.23-41 937.14-47 370.08-59 865.11
Profitability
EBIT-%100.5 %99.4 %49.4 %100.9 %101.1 %
ROA19.3 %16.9 %16.7 %18.5 %15.1 %
ROE18.5 %16.5 %15.6 %13.0 %14.2 %
ROI19.7 %17.3 %17.0 %18.9 %15.4 %
Economic value added (EVA)9 221.7311 619.95- 110.8521 623.3514 760.98
Solvency
Equity ratio96.1 %97.0 %97.6 %96.3 %97.9 %
Gearing1.7 %1.0 %1.0 %1.1 %1.0 %
Relative net indebtedness %-261.0 %-243.9 %-4769.2 %-216.7 %-362.8 %
Liquidity
Quick ratio13.117.622.114.627.7
Current ratio13.117.522.114.627.7
Cash and cash equivalents29 968.3633 714.7343 029.2048 778.5261 354.31
Capital use efficiency
Trade debtors turnover (days)1.31.015.5
Net working capital %97.5 %137.5 %1692.2 %112.0 %133.4 %
Credit risk
Credit ratingAAAAAAAAAAAAA

Variable visualization

ROA:15.1%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.9%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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