MGE Service ApS — Credit Rating and Financial Key Figures

CVR number: 30197763
Grønningen 25, 1270 København K

Company information

Official name
MGE Service ApS
Personnel
5 persons
Established
2007
Company form
Private limited company
Industry

About MGE Service ApS

MGE Service ApS (CVR number: 30197763) is a company from KØBENHAVN. The company recorded a gross profit of -5 kDKK in 2023. The operating profit was -5 kDKK, while net earnings were -5.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.7 %, which can be considered poor and Return on Equity (ROE) was -1.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MGE Service ApS's liquidity measured by quick ratio was 80.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit6 457.25-1 135.12-1 617.86- 222.21-5.02
EBIT6 455.13-1 135.12-1 617.86- 222.21-5.02
Net earnings4 506.90- 917.12-1 304.20- 185.89-5.76
Shareholders equity total14 464.186 547.065 242.86505.82500.06
Balance sheet total (assets)56 520.257 604.347 619.77505.82506.33
Net debt40 882.84848.162 372.05-64.57-62.10
Profitability
EBIT-%
ROA19.3 %-3.3 %-21.2 %-5.2 %-0.7 %
ROE36.9 %-8.7 %-22.1 %-6.5 %-1.1 %
ROI19.7 %-3.4 %-21.5 %-5.2 %-0.7 %
Economic value added (EVA)4 534.96-1 676.84-1 588.73- 436.53-26.09
Solvency
Equity ratio25.6 %86.1 %68.8 %100.0 %98.8 %
Gearing282.7 %13.6 %45.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.37.23.280.7
Current ratio1.37.23.280.7
Cash and cash equivalents7.2443.634.8664.5762.10
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:-0.67%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.8%
Rating: 81/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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