MG REJSER ApS — Credit Rating and Financial Key Figures

CVR number: 31759412
Bibliotekvej 68, 2650 Hvidovre
info@mg-rejser.dk
tel: 33262628
mg-rejser.dk

Credit rating

Company information

Official name
MG REJSER ApS
Personnel
1 person
Established
2008
Company form
Private limited company
Industry
  • Expand more icon79Travel agency, tour operator and other reservation service and related activities

About MG REJSER ApS

MG REJSER ApS (CVR number: 31759412) is a company from HVIDOVRE. The company recorded a gross profit of 1209.7 kDKK in 2023. The operating profit was 701.8 kDKK, while net earnings were 548.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 47.4 %, which can be considered excellent and Return on Equity (ROE) was 93 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 54.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MG REJSER ApS's liquidity measured by quick ratio was 2.7 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit509.77- 103.20456.44307.861 209.68
EBIT173.37- 317.17277.88- 119.94701.80
Net earnings88.50- 274.51213.17- 113.63548.36
Shareholders equity total91.92- 182.5830.59-83.03465.32
Balance sheet total (assets)1 167.421 090.79787.47713.782 167.43
Net debt121.15273.29- 211.90- 123.24-1 592.15
Profitability
EBIT-%
ROA12.9 %-26.0 %27.0 %-15.1 %47.4 %
ROE12.4 %-46.4 %38.0 %-30.5 %93.0 %
ROI15.0 %-29.2 %36.6 %-25.1 %101.2 %
Economic value added (EVA)184.11- 206.48263.83-77.66581.00
Solvency
Equity ratio86.6 %72.0 %53.2 %98.0 %54.2 %
Gearing1141.7 %-562.8 %1511.5 %-556.9 %99.4 %
Relative net indebtedness %
Liquidity
Quick ratio7.33.72.388.42.7
Current ratio7.33.01.92.11.7
Cash and cash equivalents928.31754.21674.29585.632 054.53
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:47.4%
Rating: 93/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.2%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board
Board member
Board member

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