MG2019 Holding ApS

CVR number: 40970517
Platanvej 24, 1810 Frederiksberg C

Credit rating

Company information

Official name
MG2019 Holding ApS
Established
2019
Company form
Private limited company
Industry
  • Expand more icon64Financial service activities, except insurance and pension funding

About MG2019 Holding ApS

MG2019 Holding ApS (CVR number: 40970517) is a company from FREDERIKSBERG. The company recorded a gross profit of -779.8 kDKK in 2023. The operating profit was -779.8 kDKK, while net earnings were 4556.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.5 %, which can be considered good and Return on Equity (ROE) was 8.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MG2019 Holding ApS's liquidity measured by quick ratio was 3458.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit-16.95-1 932.84- 576.13-1 302.17- 779.77
EBIT-16.95-1 932.84- 576.13-1 302.17- 779.77
Net earnings2 986.7983 442.6617 650.91-13 014.174 556.58
Shareholders equity total14 667.6087 510.26101 161.1754 147.0057 603.59
Balance sheet total (assets)15 113.6397 563.61101 780.5654 163.5057 620.09
Net debt-85 957.43- 101 667.81-48 701.22-54 438.07
Profitability
EBIT-%
ROA19.7 %149.5 %22.2 %0.1 %12.5 %
ROE20.4 %163.3 %18.7 %-16.8 %8.2 %
ROI20.3 %157.3 %22.8 %0.1 %10.6 %
Economic value added (EVA)-13.21- 871.31304.26- 406.39- 291.89
Solvency
Equity ratio97.0 %89.7 %99.4 %100.0 %100.0 %
Gearing5.6 %
Relative net indebtedness %
Liquidity
Quick ratio4.79.7164.33 214.93 458.3
Current ratio4.79.7164.33 214.93 458.3
Cash and cash equivalents90 876.54101 667.8148 701.2254 438.07
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBB

Variable visualization

ROA:12.5%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:100.0%
Rating: 100/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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