MEYLAND-SMITH A/S

CVR number: 26921465
Gøteborgvej 12, 9200 Aalborg SV
mail@vela.dk
tel: 96347600

Credit rating

Company information

Official name
MEYLAND-SMITH A/S
Personnel
13 persons
Established
2002
Company form
Limited company
Industry
  • Expand more icon30Manufacture of other transport equipment

About the company

MEYLAND-SMITH A/S (CVR number: 26921465) is a company from AALBORG. The company recorded a gross profit of 4732.7 kDKK in 2023. The operating profit was 260.8 kDKK, while net earnings were 39.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent but Return on Equity (ROE) was 3.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 17.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. MEYLAND-SMITH A/S's liquidity measured by quick ratio was 0.4 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
20192020202120222023
Volume
Net sales
Gross profit7 440.214 527.864 887.534 755.884 732.69
EBIT-1 221.45- 298.79433.90402.48260.82
Net earnings-1 196.89- 258.60299.44232.7939.57
Shareholders equity total797.40538.80838.241 071.031 110.61
Balance sheet total (assets)6 099.777 538.596 842.586 092.526 246.27
Net debt3 277.853 781.822 776.023 233.553 371.79
Profitability
EBIT-%
ROA-17.5 %-4.1 %6.2 %6.4 %4.4 %
ROE-85.7 %-38.7 %43.5 %24.4 %3.6 %
ROI-23.9 %-6.2 %10.1 %9.9 %6.2 %
Economic value added (EVA)-1 050.28- 293.87343.01290.68158.82
Solvency
Equity ratio13.1 %7.1 %12.3 %17.6 %17.8 %
Gearing411.6 %701.9 %331.2 %301.9 %303.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.40.30.50.4
Current ratio1.30.90.91.11.2
Cash and cash equivalents4.630.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:4.38%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:17.8%
Rating: 17/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

Companies in the same industry

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