Magic Ice Copenhagen ApS — Credit Rating and Financial Key Figures

Magic Ice Copenhagen ApS (CVR number: 39409798) is a company from KØBENHAVN. The company recorded a gross profit of -11.6 kDKK in 2023, demonstrating a decline of 0 % compared to the previous year. The operating profit was -11.6 kDKK, while net earnings were -13.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.6 %, which can be considered poor and Return on Equity (ROE) was -60.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 23.3 %, 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. Magic Ice Copenhagen ApS's liquidity measured by quick ratio was 1.3 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.