MEJLGADE 41 A/S — Credit Rating and Financial Key Figures

CVR number: 36506962
Mejlgade 16, 8000 Aarhus C

Company information

Official name
MEJLGADE 41 A/S
Established
2015
Company form
Limited company
Industry

About MEJLGADE 41 A/S

MEJLGADE 41 A/S (CVR number: 36506962) is a company from AARHUS. The company recorded a gross profit of 909.1 kDKK in 2023. The operating profit was 1609.1 kDKK, while net earnings were 864.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent but Return on Equity (ROE) was 10.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 33.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. MEJLGADE 41 A/S's liquidity measured by quick ratio was 0.4 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit823.211 023.74846.981 025.11909.12
EBIT823.212 023.741 446.98-3 774.891 609.12
Net earnings-40.801 441.002 719.40-3 311.28864.70
Shareholders equity total7 482.228 923.2311 642.628 331.358 256.64
Balance sheet total (assets)27 240.8128 320.8628 806.6023 988.0624 712.93
Net debt18 027.0217 364.1114 643.6913 946.7615 399.65
Profitability
EBIT-%
ROA3.0 %7.3 %15.5 %-14.3 %6.6 %
ROE-0.5 %17.6 %26.4 %-33.2 %10.4 %
ROI3.1 %7.4 %16.0 %-15.0 %6.9 %
Economic value added (EVA)- 284.33397.08-67.97-4 339.30220.01
Solvency
Equity ratio27.5 %31.5 %40.4 %34.7 %33.4 %
Gearing242.3 %195.9 %126.7 %167.6 %186.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.20.10.20.4
Current ratio0.10.20.10.20.4
Cash and cash equivalents100.81120.72113.0220.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAABBA

Variable visualization

ROA:6.61%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:33.4%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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