Meldgaard & Larsen Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Meldgaard & Larsen Holding ApS
Meldgaard & Larsen Holding ApS (CVR number: 39147041) is a company from RANDERS. The company recorded a gross profit of -30.5 kDKK in 2024. The operating profit was -30.5 kDKK, while net earnings were 1353.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.3 %, which can be considered decent but Return on Equity (ROE) was 8.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 65 %, 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. Meldgaard & Larsen Holding ApS's liquidity measured by quick ratio was 107 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 | -11.63 | -11.87 | -20.43 | -18.88 | -30.50 |
EBIT | - 458.45 | 434.96 | -20.43 | -18.88 | -30.50 |
Net earnings | - 243.11 | 8 284.59 | 7 742.98 | -1 531.99 | 1 353.16 |
Shareholders equity total | 443.31 | 8 727.90 | 16 470.88 | 14 938.89 | 16 292.05 |
Balance sheet total (assets) | 12 113.29 | 21 064.80 | 34 187.37 | 26 386.43 | 25 080.31 |
Net debt | 11 361.16 | 11 679.08 | 16 973.11 | - 127.07 | - 204.03 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.7 % | 52.0 % | 29.3 % | -3.1 % | 7.3 % |
ROE | -43.0 % | 180.7 % | 61.5 % | -9.8 % | 8.7 % |
ROI | 1.7 % | 39.2 % | 20.2 % | -3.0 % | 12.0 % |
Economic value added (EVA) | - 305.84 | 569.00 | 483.20 | 1 124.85 | - 543.76 |
Solvency | |||||
Equity ratio | 3.7 % | 41.4 % | 48.2 % | 56.6 % | 65.0 % |
Gearing | 2565.9 % | 134.3 % | 103.1 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 33.0 | 21.9 | 31.9 | 62.4 | 107.0 |
Current ratio | 33.0 | 21.9 | 31.9 | 62.4 | 107.0 |
Cash and cash equivalents | 13.76 | 42.03 | 10.49 | 127.07 | 204.03 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BBB |
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