Ejendomsselskabet Melfargaarden ApS — Credit Rating and Financial Key Figures

CVR number: 38859722
Landbrugsvej 10 B, Hjallese 5260 Odense S
tel: 41277772

Company information

Official name
Ejendomsselskabet Melfargaarden ApS
Established
2017
Domicile
Hjallese
Company form
Private limited company
Industry

About Ejendomsselskabet Melfargaarden ApS

Ejendomsselskabet Melfargaarden ApS (CVR number: 38859722) is a company from ODENSE. The company recorded a gross profit of 839.2 kDKK in 2023. The operating profit was 16.9 kDKK, while net earnings were -484.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.3 %, which can be considered weak but Return on Equity (ROE) was -6.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 29.3 %, 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. Ejendomsselskabet Melfargaarden ApS's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit665.37333.7254.84878.43839.20
EBIT195.652 283.612 557.844 076.7916.88
Net earnings6.891 584.711 792.922 700.17- 484.84
Shareholders equity total1 725.263 309.975 102.897 803.077 318.23
Balance sheet total (assets)15 767.0817 745.3234 906.6725 553.6725 007.74
Net debt13 084.5212 940.2813 689.3314 486.1015 233.16
Profitability
EBIT-%
ROA1.3 %13.6 %9.7 %13.5 %0.3 %
ROE0.4 %62.9 %42.6 %41.8 %-6.4 %
ROI1.3 %14.1 %10.1 %14.0 %0.3 %
Economic value added (EVA)- 386.941 249.261 403.102 967.97- 986.26
Solvency
Equity ratio10.9 %18.7 %14.6 %30.5 %29.3 %
Gearing760.7 %399.2 %534.3 %193.8 %208.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.21.02.90.8
Current ratio0.00.21.02.90.8
Cash and cash equivalents40.10273.4113 577.83639.99
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:0.26%
Rating: 21/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.3%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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