MG SKIN INVEST A/S — Credit Rating and Financial Key Figures

CVR number: 26595800
Amagerbrogade 16, 2300 København S
mr@mgtrading.dk

Credit rating

Company information

Official name
MG SKIN INVEST A/S
Personnel
1 person
Established
2002
Company form
Limited company
Industry

About MG SKIN INVEST A/S

MG SKIN INVEST A/S (CVR number: 26595800) is a company from KØBENHAVN. The company recorded a gross profit of -979.1 kDKK in 2023. The operating profit was -1823.3 kDKK, while net earnings were -1795.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -23.5 %, which can be considered poor and Return on Equity (ROE) was -54.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 82.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MG SKIN INVEST A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit1 604.16159.76- 144.42-1 391.54- 979.07
EBIT131.82- 884.13- 571.49-1 992.45-1 823.31
Net earnings- 109.91-1 130.98- 958.64-1 899.16-1 795.12
Shareholders equity total4 490.203 359.222 400.58501.426 066.58
Balance sheet total (assets)10 806.4110 753.1610 656.108 150.967 365.62
Net debt5 802.106 615.687 416.277 119.071 159.74
Profitability
EBIT-%
ROA1.3 %-7.5 %-5.3 %-16.1 %-23.5 %
ROE-2.4 %-28.8 %-33.3 %-130.9 %-54.7 %
ROI1.7 %-8.0 %-5.7 %-16.8 %-24.3 %
Economic value added (EVA)- 196.09-1 120.22- 741.94-2 065.98-1 806.98
Solvency
Equity ratio41.6 %31.2 %22.5 %6.2 %82.4 %
Gearing129.5 %197.1 %324.9 %1447.1 %19.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.10.20.10.6
Current ratio1.61.21.10.94.9
Cash and cash equivalents11.276.16382.59137.0649.29
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBBB

Variable visualization

ROA:-23.5%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:82.4%
Rating: 62/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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