JØRGEN MEJLVANG ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About JØRGEN MEJLVANG ApS
JØRGEN MEJLVANG ApS (CVR number: 29147264) is a company from HEDENSTED. The company recorded a gross profit of 3036.6 kDKK in 2024. The operating profit was -271.3 kDKK, while net earnings were -144.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.8 %, which can be considered poor and Return on Equity (ROE) was -4.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 56.9 %, 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. JØRGEN MEJLVANG ApS's liquidity measured by quick ratio was 2.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 974.39 | 4 327.95 | 3 762.86 | 5 229.51 | 3 036.61 |
EBIT | 471.22 | 624.73 | - 292.68 | 1 901.70 | - 271.28 |
Net earnings | 420.07 | 521.60 | - 166.66 | 1 515.93 | - 144.68 |
Shareholders equity total | 1 881.92 | 2 203.51 | 2 036.86 | 3 552.78 | 3 208.11 |
Balance sheet total (assets) | 4 081.49 | 5 277.28 | 4 104.73 | 6 978.77 | 5 635.26 |
Net debt | - 871.95 | 144.39 | - 675.70 | -1 009.41 | - 179.16 |
Profitability | |||||
EBIT-% | |||||
ROA | 15.3 % | 15.0 % | -4.9 % | 35.7 % | -1.8 % |
ROE | 24.1 % | 25.5 % | -7.9 % | 54.2 % | -4.3 % |
ROI | 30.2 % | 31.6 % | -10.2 % | 70.4 % | -3.3 % |
Economic value added (EVA) | 380.94 | 519.00 | - 228.19 | 1 501.09 | - 258.44 |
Solvency | |||||
Equity ratio | 46.1 % | 41.8 % | 49.6 % | 50.9 % | 56.9 % |
Gearing | 5.8 % | 11.1 % | 1.2 % | 0.8 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.4 | 1.2 | 1.3 | 1.6 | 2.1 |
Current ratio | 1.4 | 1.2 | 1.3 | 1.6 | 2.1 |
Cash and cash equivalents | 981.84 | 100.13 | 699.68 | 1 009.41 | 206.31 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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