Meldgaard & Meldgaard ApS
APSIn liquidationCVR 26061075Rønnebærvej 7-9, 7400 HerningNon-specialised wholesale trade· NACE 4690Est. 2001 · 25 years old1 employees
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Overview
Meldgaard & Meldgaard ApS is a Danish APS based in Herning, operating in the Non-specialised wholesale trade sector. Incorporated in 2001, the company has 1 employee and reported a gross profit of DKK 188.6k in its latest annual filing.
Gross profit 2023
188.6K DKK
−36% vs 2022
EBITDA margin (of gross profit)
−30.8 %
−917% vs 2022
Net profit 2023
-56.3K DKK
-290% vs 2022
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
-33.4 %
Very weakAmong the 20% lowest rated companies in the industry
20192023
Liquidity ratioCurrent assets ÷ Short-term debt
0.7×
Very weakAmong the 20% lowest rated companies in the industry
20192023
Return on assets (ROA)Net profit ÷ Total assets × 100
-11.1 %
WeakAmong the 30% lowest rated companies in the industry
20192023
EBITDA — year on year
DKK thousandsKey figures
Annual report 2023| Gross profit | 188.6K DKK | -36% |
| EBITDA | -58.1K DKK | -917% |
| Net profit | -56.3K DKK | -290% |
| Total assets | 509.1K DKK | +37% |
| Equity | -170K DKK | -50% |
| Employees | 1 | — |
Company information
Legal name
Meldgaard & Meldgaard ApS
CVR number
26061075
Legal form
Anpartsselskab
NACE code
Founded
1 June 2001 · 25 years
Share capital
DKK 40,000
Employees
1 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2023-07-31
Financial year
January – December
Signatory rights
Virksomheden tegnes af en likvidator
Address
Rønnebærvej 7-9, 7400 Herning
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Financial development
In its most recent annual report (2023), Meldgaard & Meldgaard ApS reported a gross profit of DKK 188.6k, a decrease of 36% on the year before. The figures on this page draw on 5 annual filings covering 2019 to 2023. The bottom line showed a net loss of DKK 56.3k, and the EBITDA margin stood at -30.8%.
At the end of 2023, current assets covered short-term debt 0.7 times.
Financials
Gross profit
DKK thousandsEBITDA
DKK thousandsIncome statement
DKK thousands| Item | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Gross profit | 189 | 296 | 198 | 61 | 21 |
| Staff expenses | -0 | -0 | -0 | -0 | -0 |
| EBITDA | -58 | 7 | -21 | -59 | -77 |
| Depreciation & amort. | -0 | -0 | -0 | -0 | -0 |
| EBIT | -58 | 7 | -21 | -59 | -77 |
| Net financials | -14 | -26 | -27 | -20 | -50 |
| Profit before tax | -72 | -19 | -48 | -79 | -127 |
| Tax | -16 | -4 | -11 | -17 | -28 |
| Net profit | -56 | -14 | -38 | -62 | -99 |
Balance sheet
DKK thousands| Item | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Total assets | 509 | 371 | 495 | 351 | 494 |
| Equity | -170 | -114 | -99 | -62 | 0 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 |
| Short-term debt | 679 | 485 | 594 | 413 | 494 |
| Total debt | 679 | 485 | 594 | 413 | 494 |
Financial ratios
5-year trendEBITDA margin (of gross profit)
-30.8 %
20192023
Equity ratio
-33.4 %
Very weakAmong the 20% lowest rated companies in the industry
20192023
Return on equity
—
20192023
Net profit margin (of gross profit)
-29.9 %
20192023
Asset turnover (of gross profit)
0.37×
20192023
Debt / equity
—
20192023
Sector performance
16 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Return on assets (ROA)Weak
Among the 30% lowest rated companies in the industry
Net profit as a percentage of total assets — the return generated on the capital employed.
Basic earning power (BEP)Very weak
Among the 20% lowest rated companies in the industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioWeak
Among the 30% lowest rated companies in the industry
Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.
Gross marginNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.
Operating marginNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.
Net profit marginNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Return on equity (ROE)Not rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on net assets (RONA)Not rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Liquidity
Current ratioVery weak
Among the 20% lowest rated companies in the industry
Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.
Quick ratioAverage
Around the average of companies in the same industry
Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.
Cash ratioAverage
Around the average of companies in the same industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Cash conversion ratioWeak
Among the 40% lowest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Current assets to equityNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.
Fixed assets to long-term capitalNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.
Debt & solvency
Solidity ratioVery weak
Among the 20% lowest rated companies in the industry
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Debt ratioVery weak
Among the 20% lowest rated companies in the industry
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Income to debtWeak
Among the 30% lowest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtWeak
Among the 30% lowest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageWeak
Among the 30% lowest rated companies in the industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtWeak
Among the 40% lowest rated companies in the industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginVery weak
Among the 20% lowest rated companies in the industry
The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.
Debt to equityNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Efficiency & development
Equity to contributed capitalVery weak
Among the 10% lowest rated companies in the industry
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
One-year change in debtVery weak
Among the 20% lowest rated companies in the industry
The size of this year's increase or decrease in the company's debt.
Asset turnoverNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Revenue relative to total assets — the ability to generate revenue from the asset base.
Inventory turnoverNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.
One-year change in equityNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The size of this year's increase or decrease in the company's equity.
Annual reports & filings
- Annual report 2023Filed via CVR / Virk · Period 2022-08-01 – 2023-07-31
- Annual report 2022Filed via CVR / Virk · Period 2021-08-01 – 2022-07-31
- Annual report 2021Filed via CVR / Virk · Period 2020-08-01 – 2021-07-31
- Annual report 2020Filed via CVR / Virk · Period 2019-08-01 – 2020-07-31
- Annual report 2019Filed via CVR / Virk · Period 2018-08-01 – 2019-07-31
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|
Former (5)
OM Management | Management | 2001 – 2024 |
JJ Audit | Audit | 2009 – 2014 |
AS Liquidator | Liquidator | 2024 – 2025 |
HA Audit | Audit | 2001 – 2001 |
PB Management | Management | 2001 – 2001 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|
Former (8)
OM Board of Directors | Board of Directors | 2001 – 2021 |
MB Board of Directors | Board of Directors | 2018 – 2021 |
ST Board of Directors | Board of Directors | 2005 – 2018 |
SS Board of Directors | Board of Directors | 2001 – 2017 |
KB Board of Directors | Board of Directors | 2001 – 2021 |
PB Board of Directors | Board of Directors | 2001 – 2001 |
LM Board of Directors | Board of Directors | 2001 – 2001 |
SM Chairman | Chairman | 2001 – 2001 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 2021 | |
| Individual | 33.33–49.99% | 33.33–49.99% | 2019 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
Related companies
Company hierarchy
OLE MELDGAARD HOLDING ApS
Meldgaard & Meldgaard ApS Board network connections
Board members of Meldgaard & Meldgaard ApS also hold positions in 374 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Preben Bang Henriksen | Management | 274 companiesMany roles |
| Jan Juul Buskbjerg | Audit | 74 companiesMany roles |
| Harry Aamann | Audit | 7 companiesMany roles |
| Stephan Muurholm | Chairman | 7 companiesMany roles |
| Anker Søndergaard | Liquidator | 5 companies |
| Steen Stenstrup | Board of Directors | 3 companies |
| Ole Meldgaard | Management | 2 companies |
| Susan Taulborg Meldgaard | Board of Directors | 1 company |
| Karsten Baagø Meldgaard | Board of Directors | 1 company |
Frequently asked questions
What is the CVR number of Meldgaard & Meldgaard ApS?
Meldgaard & Meldgaard ApS is registered with CVR / Virk under CVR 26061075.
What is the gross profit of Meldgaard & Meldgaard ApS?
Meldgaard & Meldgaard ApS reported a gross profit of DKK 188.6k in 2023.
How many employees does Meldgaard & Meldgaard ApS have?
Meldgaard & Meldgaard ApS employs 1 people as of the latest annual report.
Where is Meldgaard & Meldgaard ApS headquartered?
Meldgaard & Meldgaard ApS's registered address is Rønnebærvej 7-9.