MEJERIGAARDEN A/S — Credit Rating and Financial Key Figures

CVR number: 37317314
Sennelsvej 1, 7700 Thisted
bogholderi@premier-is.dk
tel: 96183555
https://www.premier-is.dk

Company information

Official name
MEJERIGAARDEN A/S
Personnel
787 persons
Established
1958
Company form
Limited company
Industry

About MEJERIGAARDEN A/S

MEJERIGAARDEN A/S (CVR number: 37317314K) is a company from THISTED. The company reported a net sales of 520.7 mDKK in 2023, demonstrating a growth of 4.5 % compared to the previous year. The operating profit percentage was poor at -3.2 % (EBIT: -16.7 mDKK), while net earnings were -29.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was -3.9 %, which can be considered poor and Return on Equity (ROE) was -16.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 41 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MEJERIGAARDEN A/S's liquidity measured by quick ratio was 0.2 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales427.94492.15488.29498.09520.73
Gross profit213.44266.87265.94235.67247.37
EBIT5.6346.7337.31-5.56-16.74
Net earnings-5.6626.1023.03-7.48-29.89
Shareholders equity total88.65114.75207.77200.30170.44
Balance sheet total (assets)426.14480.07437.11437.75415.83
Net debt234.14158.6476.94113.26118.25
Profitability
EBIT-%1.3 %9.5 %7.6 %-1.1 %-3.2 %
ROA1.4 %10.3 %8.1 %-1.3 %-3.9 %
ROE-6.2 %25.7 %14.3 %-3.7 %-16.1 %
ROI1.8 %13.0 %10.5 %-1.7 %-5.3 %
Economic value added (EVA)-2.8223.8417.48-12.97-24.92
Solvency
Equity ratio20.8 %23.9 %47.5 %45.8 %41.0 %
Gearing281.6 %219.0 %50.6 %58.1 %71.1 %
Relative net indebtedness %75.3 %55.4 %41.2 %47.0 %46.6 %
Liquidity
Quick ratio0.41.00.50.30.2
Current ratio0.91.61.21.20.8
Cash and cash equivalents15.4792.6628.163.202.89
Capital use efficiency
Trade debtors turnover (days)39.719.122.121.619.2
Net working capital %-1.8 %13.8 %4.9 %4.3 %-5.4 %
Credit risk
Credit ratingAAAAAAAAAAA

Variable visualization

ROA:-3.92%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:41.0%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board

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