MG Holding Thisted ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MG Holding Thisted ApS
MG Holding Thisted ApS (CVR number: 39471701) is a company from BILLUND. The company recorded a gross profit of -0.3 kDKK in 2023. The operating profit was -0.3 kDKK, while net earnings were 331.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 95.6 %, which can be considered excellent and Return on Equity (ROE) was 121.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 78.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. MG Holding Thisted ApS's liquidity measured by quick ratio was 2.8 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | -0.63 | ||||
Gross profit | -0.63 | -9.70 | -0.26 | ||
EBIT | -0.63 | -9.70 | -0.26 | ||
Net earnings | 85.48 | 60.00 | -1.66 | -36.79 | 331.93 |
Shareholders equity total | 85.49 | 145.48 | 143.82 | 107.04 | 438.96 |
Balance sheet total (assets) | 90.49 | 150.48 | 309.96 | 230.03 | 561.78 |
Net debt | 5.00 | 5.00 | 8.31 | 41.84 | 97.74 |
Profitability | |||||
EBIT-% | |||||
ROA | 94.5 % | 49.8 % | -0.1 % | -8.3 % | 95.6 % |
ROE | 100.0 % | 52.0 % | -1.1 % | -29.3 % | 121.6 % |
ROI | 94.5 % | 49.8 % | -0.1 % | -8.3 % | 95.6 % |
Economic value added (EVA) | 4.55 | 6.93 | 7.95 | 12.01 | |
Solvency | |||||
Equity ratio | 94.5 % | 96.7 % | 46.4 % | 46.5 % | 78.1 % |
Gearing | 5.8 % | 3.4 % | 115.5 % | 114.9 % | 28.0 % |
Relative net indebtedness % | -1311.0 % | ||||
Liquidity | |||||
Quick ratio | 0.0 | 0.0 | 1.0 | 0.8 | 2.8 |
Current ratio | 0.0 | 0.0 | 1.0 | 0.8 | 2.8 |
Cash and cash equivalents | 0.00 | 0.00 | 157.83 | 81.15 | 25.07 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 950.5 % | ||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
Variable visualization
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