MEHLSEN AUTOMOBILER A/S — Credit Rating and Financial Key Figures

CVR number: 87626415
Assensvej 1, Nr Broby 5672 Broby
tel: 62631255

Company information

Official name
MEHLSEN AUTOMOBILER A/S
Personnel
16 persons
Established
1978
Domicile
Nr Broby
Company form
Limited company
Industry

About MEHLSEN AUTOMOBILER A/S

MEHLSEN AUTOMOBILER A/S (CVR number: 87626415) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of 7589.3 kDKK in 2023. The operating profit was 619.1 kDKK, while net earnings were 485.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent and Return on Equity (ROE) was 4.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 73.6 %, 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. MEHLSEN AUTOMOBILER A/S's liquidity measured by quick ratio was 1.1 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit7 166.587 504.817 911.636 962.387 589.28
EBIT719.19645.231 239.77494.47619.08
Net earnings544.94461.04944.84375.26485.22
Shareholders equity total8 947.239 108.2610 053.1010 428.3610 913.58
Balance sheet total (assets)14 736.7513 943.0414 023.7113 797.4114 827.71
Net debt-2 966.61-1 648.64-3 567.99- 608.31-2 319.93
Profitability
EBIT-%
ROA5.2 %4.5 %8.9 %3.6 %4.4 %
ROE6.1 %5.1 %9.9 %3.7 %4.5 %
ROI7.8 %6.9 %12.4 %4.8 %5.8 %
Economic value added (EVA)374.23209.21611.6374.85-10.89
Solvency
Equity ratio60.7 %65.3 %72.1 %76.4 %73.6 %
Gearing4.4 %4.5 %3.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.00.81.40.81.1
Current ratio2.32.72.94.13.8
Cash and cash equivalents3 360.202 054.393 873.11608.312 319.93
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:4.43%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:73.6%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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