Magnit Global Denmark ApS — Credit Rating and Financial Key Figures

Magnit Global Denmark ApS (CVR number: 29770859) is a company from FREDERIKSBERG. The company reported a net sales of 531.1 mDKK in 2024, demonstrating a decline of -12.5 % compared to the previous year. The operating profit percentage was at 2.8 % (EBIT: 14.8 mDKK), while net earnings were 8532 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.7 %, which can be considered decent but Return on Equity (ROE) was 9.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 33.9 %, 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. Magnit Global Denmark ApS's liquidity measured by quick ratio was 1.5 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.