MG 2008 ApS — Credit Rating and Financial Key Figures

CVR number: 32099769
Perikonvej 5, 6430 Nordborg

Credit rating

Company information

Official name
MG 2008 ApS
Established
2009
Company form
Private limited company
Industry

About MG 2008 ApS

MG 2008 ApS (CVR number: 32099769) is a company from SØNDERBORG. The company recorded a gross profit of -35.8 kDKK in 2023. The operating profit was -35.8 kDKK, while net earnings were 294.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.3 %, which can be considered good and Return on Equity (ROE) was 8.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MG 2008 ApS's liquidity measured by quick ratio was 138.1 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 profit-35.61-35.95-37.32-39.31-35.79
EBIT-35.61-35.95-37.32-39.31-35.79
Net earnings- 129.79472.4218.14- 193.40294.83
Shareholders equity total3 274.683 636.513 541.653 233.853 410.88
Balance sheet total (assets)3 286.683 691.193 554.153 249.453 435.75
Net debt-3 207.61-3 691.19-3 493.03-3 176.58-3 435.75
Profitability
EBIT-%
ROA0.9 %17.4 %1.1 %0.0 %11.3 %
ROE-3.8 %13.7 %0.5 %-5.7 %8.9 %
ROI0.9 %17.5 %1.1 %0.0 %11.4 %
Economic value added (EVA)-27.79-31.41-25.73-33.12-30.82
Solvency
Equity ratio99.6 %98.5 %99.6 %99.5 %99.3 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio273.967.5284.3208.3138.1
Current ratio273.967.5284.3208.3138.1
Cash and cash equivalents3 207.613 691.193 493.033 176.583 435.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:11.3%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.3%
Rating: 89/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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