MAGASINET INVEST ApS — Credit Rating and Financial Key Figures

CVR number: 26477298
Strandvej 71, 5700 Svendborg

Credit rating

Company information

Official name
MAGASINET INVEST ApS
Established
2002
Company form
Private limited company
Industry
  • Expand more icon68Real estate activities

About MAGASINET INVEST ApS

MAGASINET INVEST ApS (CVR number: 26477298) is a company from SVENDBORG. The company recorded a gross profit of 135.6 kDKK in 2023. The operating profit was 85.7 kDKK, while net earnings were 273.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.9 %, which can be considered decent and Return on Equity (ROE) was 6.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 81.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MAGASINET INVEST ApS's liquidity measured by quick ratio was 3.8 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 profit180.24145.99187.30128.04135.65
EBIT130.3196.06137.3678.1185.72
Net earnings59.4696.13207.58-68.75273.57
Shareholders equity total3 997.393 793.524 001.103 932.354 205.92
Balance sheet total (assets)5 122.374 907.105 059.344 869.585 187.39
Net debt390.21531.61221.82374.84- 129.62
Profitability
EBIT-%
ROA2.5 %3.7 %6.3 %2.7 %7.9 %
ROE1.3 %2.5 %5.3 %-1.7 %6.7 %
ROI2.5 %3.8 %6.5 %2.8 %8.2 %
Economic value added (EVA)- 134.23- 149.77- 110.96- 135.02- 146.24
Solvency
Equity ratio78.0 %77.3 %79.1 %80.8 %81.1 %
Gearing25.5 %25.9 %22.2 %22.0 %17.8 %
Relative net indebtedness %
Liquidity
Quick ratio3.52.02.72.73.8
Current ratio3.52.02.72.73.8
Cash and cash equivalents628.08450.31665.48491.18876.37
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:7.91%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:81.1%
Rating: 60/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

Companies in the same industry

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