MG SKIN INVEST A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 604.16 | 159.76 | - 144.42 | -1 391.54 | - 979.07 |
EBIT | 131.82 | - 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 total | 4 490.20 | 3 359.22 | 2 400.58 | 501.42 | 6 066.58 |
Balance sheet total (assets) | 10 806.41 | 10 753.16 | 10 656.10 | 8 150.96 | 7 365.62 |
Net debt | 5 802.10 | 6 615.68 | 7 416.27 | 7 119.07 | 1 159.74 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.3 % | -7.5 % | -5.3 % | -16.1 % | -23.5 % |
ROE | -2.4 % | -28.8 % | -33.3 % | -130.9 % | -54.7 % |
ROI | 1.7 % | -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 ratio | 41.6 % | 31.2 % | 22.5 % | 6.2 % | 82.4 % |
Gearing | 129.5 % | 197.1 % | 324.9 % | 1447.1 % | 19.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 0.1 | 0.2 | 0.1 | 0.6 |
Current ratio | 1.6 | 1.2 | 1.1 | 0.9 | 4.9 |
Cash and cash equivalents | 11.27 | 6.16 | 382.59 | 137.06 | 49.29 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | BBB | BB | BBB |
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