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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 -22.8 kDKK in 2025. The operating profit was -22.8 kDKK, while net earnings were 2188.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.2 %, which can be considered good and Return on Equity (ROE) was 12.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 74 %, 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 21.7 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 financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -11.87 | -20.43 | -18.88 | -30.50 | -22.79 |
| EBIT | 434.96 | -20.43 | -18.88 | -30.50 | -22.79 |
| Net earnings | 8 284.59 | 7 742.98 | -1 531.99 | 1 353.16 | 2 188.84 |
| Shareholders equity total | 8 727.90 | 16 470.88 | 14 938.89 | 16 292.05 | 18 480.89 |
| Balance sheet total (assets) | 21 064.80 | 34 187.37 | 26 386.43 | 25 080.31 | 24 961.78 |
| Net debt | 11 679.08 | 16 973.11 | - 127.07 | - 204.03 | 384.21 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 52.0 % | 29.3 % | -3.1 % | 7.3 % | 10.2 % |
| ROE | 180.7 % | 61.5 % | -9.8 % | 8.7 % | 12.6 % |
| ROI | 39.2 % | 20.2 % | -3.0 % | 12.0 % | 14.5 % |
| Economic value added (EVA) | - 151.02 | -1 043.83 | -1 694.51 | - 774.34 | - 836.31 |
| Solvency | |||||
| Equity ratio | 41.4 % | 48.2 % | 56.6 % | 65.0 % | 74.0 % |
| Gearing | 134.3 % | 103.1 % | 2.8 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 21.9 | 31.9 | 62.4 | 107.0 | 21.7 |
| Current ratio | 21.9 | 31.9 | 62.4 | 107.0 | 21.7 |
| Cash and cash equivalents | 42.03 | 10.49 | 127.07 | 204.03 | 135.21 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | A | BBB | BBB | BBB |
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