MYGDAM HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MYGDAM HOLDING ApS
MYGDAM HOLDING ApS (CVR number: 33648189) is a company from ODENSE. The company recorded a gross profit of -2 kDKK in 2023. The operating profit was -2 kDKK, while net earnings were 322.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14 %, which can be considered good but Return on Equity (ROE) was 26.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 41.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MYGDAM HOLDING ApS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -10.25 | -10.84 | -0.77 | -0.72 | -1.96 |
EBIT | -10.25 | -10.84 | -0.77 | -0.72 | -1.96 |
Net earnings | 73.48 | 76.69 | 204.30 | 163.60 | 322.85 |
Shareholders equity total | 986.27 | 952.36 | 1 043.67 | 1 099.26 | 1 305.11 |
Balance sheet total (assets) | 1 477.04 | 1 671.27 | 2 140.35 | 2 614.58 | 3 154.32 |
Net debt | - 375.74 | - 844.02 | - 917.09 | - 762.80 | - 926.35 |
Profitability | |||||
EBIT-% | |||||
ROA | 7.1 % | 16.4 % | 11.8 % | 8.8 % | 14.0 % |
ROE | 7.3 % | 7.9 % | 20.5 % | 15.3 % | 26.9 % |
ROI | 7.2 % | 12.7 % | 13.8 % | 10.9 % | 16.0 % |
Economic value added (EVA) | -31.85 | -12.94 | 33.62 | 49.31 | 75.15 |
Solvency | |||||
Equity ratio | 66.8 % | 57.0 % | 48.8 % | 42.0 % | 41.4 % |
Gearing | 48.2 % | 72.5 % | 105.1 % | 137.8 % | 140.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.8 | 2.1 | 1.8 | 1.5 | 1.5 |
Current ratio | 2.8 | 2.1 | 1.8 | 1.5 | 1.5 |
Cash and cash equivalents | 850.74 | 1 534.21 | 2 013.77 | 2 278.11 | 2 759.49 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
Variable visualization
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