MELDGAARD RECYCLING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MELDGAARD RECYCLING A/S
MELDGAARD RECYCLING A/S (CVR number: 27050425) is a company from AABENRAA. The company recorded a gross profit of 100 mDKK in 2023. The operating profit was 46.3 mDKK, while net earnings were 38.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 29.3 %, which can be considered excellent and Return on Equity (ROE) was 33.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 69.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. MELDGAARD RECYCLING A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 59 513.89 | 71 134.43 | 98 499.75 | 83 497.16 | 99 980.86 |
EBIT | 26 594.50 | 34 228.67 | 56 459.84 | 38 715.95 | 46 256.71 |
Net earnings | 21 327.68 | 27 481.68 | 44 120.33 | 30 222.45 | 38 164.38 |
Shareholders equity total | 54 673.73 | 65 163.03 | 94 293.71 | 104 463.39 | 122 378.94 |
Balance sheet total (assets) | 90 680.97 | 105 335.29 | 142 696.33 | 173 556.38 | 175 980.63 |
Net debt | 15 826.01 | 15 215.51 | 17 096.68 | 40 417.06 | 16 709.87 |
Profitability | |||||
EBIT-% | |||||
ROA | 32.7 % | 37.5 % | 46.2 % | 25.9 % | 29.3 % |
ROE | 43.5 % | 45.9 % | 55.3 % | 30.4 % | 33.6 % |
ROI | 35.5 % | 42.2 % | 53.3 % | 29.0 % | 32.9 % |
Economic value added (EVA) | 18 840.21 | 23 741.75 | 41 073.91 | 25 613.82 | 31 017.74 |
Solvency | |||||
Equity ratio | 60.3 % | 61.9 % | 66.1 % | 60.2 % | 69.5 % |
Gearing | 29.0 % | 23.4 % | 18.2 % | 40.5 % | 13.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 1.3 | 1.3 | 1.2 | 1.4 |
Current ratio | 0.9 | 1.3 | 1.3 | 1.2 | 1.4 |
Cash and cash equivalents | 40.00 | 38.75 | 93.55 | 1 870.51 | 177.67 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | AA | AAA | AAA |
Variable visualization
Roles
Companies in the same industry
Create your own estimates for any company
Valuation analysis
See instructions
... and more!
No registration needed.