Meldgaard & Larsen Domicil Ejd ApS — Credit Rating and Financial Key Figures

CVR number: 39154048
Virkevangen 8, Assentoft 8960 Randers SØ
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Credit rating

Company information

Official name
Meldgaard & Larsen Domicil Ejd ApS
Established
2017
Domicile
Assentoft
Company form
Private limited company
Industry

About Meldgaard & Larsen Domicil Ejd ApS

Meldgaard & Larsen Domicil Ejd ApS (CVR number: 39154048) is a company from RANDERS. The company recorded a gross profit of 172.1 kDKK in 2024. The operating profit was 95.5 kDKK, while net earnings were 41.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.2 %, which can be considered decent but Return on Equity (ROE) was 8.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 23.6 %, 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. Meldgaard & Larsen Domicil Ejd ApS's liquidity measured by quick ratio was 0.3 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit224.44217.76509.84175.32172.09
EBIT147.83141.15433.2498.7195.48
Net earnings34.9843.38305.7544.1941.36
Shareholders equity total84.11127.48433.24477.43518.79
Balance sheet total (assets)3 264.403 128.462 357.242 302.592 199.74
Net debt2 848.672 755.051 744.851 706.591 585.04
Profitability
EBIT-%
ROA4.3 %4.4 %16.5 %4.2 %4.2 %
ROE52.5 %41.0 %109.1 %9.7 %8.3 %
ROI4.4 %4.6 %17.2 %4.4 %4.4 %
Economic value added (EVA)47.2527.80256.08-22.71-22.02
Solvency
Equity ratio2.6 %4.1 %18.4 %20.7 %23.6 %
Gearing3647.6 %2286.5 %412.0 %370.5 %312.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.20.30.60.3
Current ratio1.41.20.30.60.3
Cash and cash equivalents219.22159.8940.2862.2436.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:4.24%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:23.6%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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