JØRGEN MEJLVANG ApS — Credit Rating and Financial Key Figures

CVR number: 29147264
Hedensted Skovvej 10, 8722 Hedensted

Credit rating

Company information

Official name
JØRGEN MEJLVANG ApS
Personnel
11 persons
Established
2005
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 974.394 327.953 762.865 229.513 036.61
EBIT471.22624.73- 292.681 901.70- 271.28
Net earnings420.07521.60- 166.661 515.93- 144.68
Shareholders equity total1 881.922 203.512 036.863 552.783 208.11
Balance sheet total (assets)4 081.495 277.284 104.736 978.775 635.26
Net debt- 871.95144.39- 675.70-1 009.41- 179.16
Profitability
EBIT-%
ROA15.3 %15.0 %-4.9 %35.7 %-1.8 %
ROE24.1 %25.5 %-7.9 %54.2 %-4.3 %
ROI30.2 %31.6 %-10.2 %70.4 %-3.3 %
Economic value added (EVA)380.94519.00- 228.191 501.09- 258.44
Solvency
Equity ratio46.1 %41.8 %49.6 %50.9 %56.9 %
Gearing5.8 %11.1 %1.2 %0.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.21.31.62.1
Current ratio1.41.21.31.62.1
Cash and cash equivalents981.84100.13699.681 009.41206.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-1.78%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.9%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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