Credit rating
Company information
About MAGASINVÆRKSTEDET ApS
MAGASINVÆRKSTEDET ApS (CVR number: 29534322) is a company from HVIDOVRE. The company recorded a gross profit of 757.6 kDKK in 2023. The operating profit was -29.7 kDKK, while net earnings were -23.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6 %, which can be considered poor and Return on Equity (ROE) was -10.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 37.3 %, 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. MAGASINVÆRKSTEDET ApS's liquidity measured by quick ratio was 1.6 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 023.05 | 1 357.81 | 1 366.00 | 1 038.68 | 757.63 |
EBIT | - 194.96 | -41.13 | 82.00 | 7.68 | -29.69 |
Net earnings | - 153.25 | -33.26 | 59.00 | 5.18 | -23.70 |
Shareholders equity total | 401.85 | 368.60 | 430.00 | 265.32 | 182.72 |
Balance sheet total (assets) | 876.71 | 762.75 | 817.00 | 504.17 | 490.07 |
Net debt | - 545.73 | - 462.32 | - 630.00 | - 122.93 | - 239.22 |
Profitability | |||||
EBIT-% | |||||
ROA | -20.7 % | -5.0 % | 10.4 % | 1.2 % | -6.0 % |
ROE | -27.7 % | -8.6 % | 14.8 % | 1.5 % | -10.6 % |
ROI | -29.5 % | -8.9 % | 20.5 % | 2.2 % | -11.7 % |
Economic value added (EVA) | - 167.02 | -17.98 | 65.96 | 17.33 | -30.75 |
Solvency | |||||
Equity ratio | 45.8 % | 48.3 % | 52.6 % | 52.6 % | 37.3 % |
Gearing | 37.9 % | 0.1 % | 0.0 % | 33.0 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.8 | 1.8 | 2.1 | 2.1 | 1.6 |
Current ratio | 1.8 | 1.8 | 2.1 | 2.1 | 1.6 |
Cash and cash equivalents | 697.94 | 462.58 | 630.00 | 122.99 | 299.59 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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