MG Holding, Thy ApS

CVR number: 38768360
Oddesundvej 282, Ydby 7760 Hurup Thy

Credit rating

Company information

Official name
MG Holding, Thy ApS
Established
2017
Domicile
Ydby
Company form
Private limited company
Industry
  • Expand more icon64Financial service activities, except insurance and pension funding

About MG Holding, Thy ApS

MG Holding, Thy ApS (CVR number: 38768360) is a company from THISTED. The company recorded a gross profit of -6.6 kDKK in 2023. The operating profit was -6.6 kDKK, while net earnings were 365.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 34.9 %, which can be considered excellent and Return on Equity (ROE) was 35.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 98.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MG Holding, Thy ApS's liquidity measured by quick ratio was 11.2 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 profit-3.35-4.81-9.19-6.66-6.56
EBIT-3.35-4.81-9.19-6.66-6.56
Net earnings50.59-28.44118.53608.30365.51
Shareholders equity total184.03155.59274.12882.421 189.03
Balance sheet total (assets)192.12168.61296.45893.811 207.90
Net debt3.358.2917.59
Profitability
EBIT-%
ROA30.6 %-15.7 %51.0 %102.2 %34.9 %
ROE31.9 %-16.7 %55.2 %105.2 %35.3 %
ROI31.5 %-16.1 %52.1 %103.6 %35.4 %
Economic value added (EVA)2.574.00-1.327.3535.42
Solvency
Equity ratio95.8 %92.3 %92.5 %98.7 %98.4 %
Gearing1.8 %5.3 %6.4 %
Relative net indebtedness %
Liquidity
Quick ratio2.011.2
Current ratio2.011.2
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:34.9%
Rating: 86/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.4%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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