Credit rating
Company information
About MGM BOILERS ApS
MGM BOILERS ApS (CVR number: 34460396) is a company from HERNING. The company recorded a gross profit of 532.1 kDKK in 2023. The operating profit was 173.9 kDKK, while net earnings were 43.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.3 %, which can be considered excellent and Return on Equity (ROE) was 17.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 28.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. MGM BOILERS ApS's liquidity measured by quick ratio was 0.8 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 | 227.00 | 444 755.00 | 304.77 | 426.00 | 532.14 |
EBIT | - 148.00 | 85 975.00 | 28.77 | 97.00 | 173.90 |
Net earnings | - 201.00 | 69 048.00 | 27.16 | 115.00 | 43.94 |
Shareholders equity total | 21.00 | 90 599.00 | 117.76 | 233.00 | 276.95 |
Balance sheet total (assets) | 713.00 | 796 988.00 | 1 158.46 | 1 292.00 | 986.12 |
Net debt | 165.00 | - 332 475.00 | - 281.99 | - 444.00 | -33.33 |
Profitability | |||||
EBIT-% | |||||
ROA | -17.7 % | 21.6 % | 0.0 % | 8.2 % | 15.3 % |
ROE | -165.1 % | 152.4 % | 0.1 % | 65.6 % | 17.2 % |
ROI | -40.0 % | 164.4 % | 0.1 % | 34.1 % | 42.9 % |
Economic value added (EVA) | - 171.75 | 90 935.44 | 12 876.33 | 131.93 | 143.47 |
Solvency | |||||
Equity ratio | 2.9 % | 11.4 % | 10.2 % | 18.0 % | 28.1 % |
Gearing | 1347.6 % | 15.2 % | 41.0 % | 80.3 % | 43.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 0.9 | 0.6 | 1.0 | 0.8 |
Current ratio | 0.9 | 1.0 | 1.0 | 1.4 | 1.5 |
Cash and cash equivalents | 118.00 | 346 272.00 | 330.27 | 631.00 | 152.66 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BBB | BB | BB | BB |
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