Meldgaard & Sandvad Service ApS — Credit Rating and Financial Key Figures

Meldgaard & Sandvad Service ApS (CVR number: 42548901) is a company from AARHUS. The company recorded a gross profit of 57 kDKK in 2024, demonstrating a decline of -83.9 % compared to the previous year. The operating profit was 8.2 kDKK, while net earnings were 8.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17 %, which can be considered excellent and Return on Equity (ROE) was 48.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 32.6 %, 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 & Sandvad Service ApS's liquidity measured by quick ratio was 4.1 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.