MG-Udvikling ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MG-Udvikling ApS
MG-Udvikling ApS (CVR number: 38744127) is a company from HADERSLEV. The company recorded a gross profit of 867.3 kDKK in 2024. The operating profit was -156.9 kDKK, while net earnings were 32.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.5 %, which can be considered weak and Return on Equity (ROE) was 1.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 80.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MG-Udvikling ApS's liquidity measured by quick ratio was 5.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 215.11 | 1 114.61 | 1 585.67 | 812.03 | 867.26 |
EBIT | -48.42 | - 381.88 | 284.36 | - 245.53 | - 156.92 |
Net earnings | 18.15 | - 237.11 | -10.48 | -75.32 | 32.22 |
Shareholders equity total | 2 680.05 | 2 332.94 | 2 208.06 | 2 014.94 | 1 925.16 |
Balance sheet total (assets) | 3 551.43 | 3 011.56 | 2 861.78 | 2 326.60 | 2 391.96 |
Net debt | -3 000.34 | -2 581.75 | -2 492.15 | -2 101.93 | -2 280.44 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.8 % | -8.5 % | 9.7 % | -4.0 % | 0.5 % |
ROE | 0.7 % | -9.5 % | -0.5 % | -3.6 % | 1.6 % |
ROI | 1.0 % | -10.9 % | 12.3 % | -4.8 % | 0.6 % |
Economic value added (EVA) | -57.68 | - 303.79 | 216.30 | - 162.85 | - 105.29 |
Solvency | |||||
Equity ratio | 81.1 % | 84.0 % | 87.5 % | 86.6 % | 80.5 % |
Gearing | 0.2 % | 1.6 % | 1.4 % | 1.7 % | 2.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 5.3 | 6.4 | 9.0 | 7.4 | 5.1 |
Current ratio | 3.7 | 4.2 | 4.4 | 7.5 | 5.1 |
Cash and cash equivalents | 3 005.93 | 2 619.62 | 2 522.39 | 2 136.85 | 2 325.41 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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