MYGGENES FISKERI ApS — Credit Rating and Financial Key Figures

CVR number: 36488190
Havnegade 26, 7680 Thyborøn
post@mc-revision.dk
Free credit report Annual report

Credit rating

Company information

Official name
MYGGENES FISKERI ApS
Personnel
9 persons
Established
2015
Company form
Private limited company
Industry

About MYGGENES FISKERI ApS

MYGGENES FISKERI ApS (CVR number: 36488190) is a company from LEMVIG. The company recorded a gross profit of 13.2 mDKK in 2024. The operating profit was 2146.5 kDKK, while net earnings were -785.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.5 %, which can be considered weak but Return on Equity (ROE) was -9.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 5.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. MYGGENES FISKERI ApS's liquidity measured by quick ratio was 1.7 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit19 071.899 015.0625 086.6625 648.0713 216.20
EBIT10 497.33612.3312 504.4015 112.582 146.50
Net earnings2 408.37-22.716 524.829 446.31- 785.51
Shareholders equity total-5 048.27-5 070.981 453.858 900.167 914.64
Balance sheet total (assets)208 445.74177 003.68111 690.61147 308.75143 887.89
Net debt-76 505.13-26 730.03-2 096.66-5 929.73-3 256.98
Profitability
EBIT-%
ROA5.6 %0.3 %8.5 %11.7 %1.5 %
ROE1.3 %-0.0 %7.3 %182.5 %-9.3 %
ROI5.7 %0.3 %13.7 %218.6 %16.5 %
Economic value added (EVA)8 562.61731.8910 008.2511 693.021 071.83
Solvency
Equity ratio-2.4 %-2.8 %1.3 %6.0 %5.5 %
Gearing50.5 %
Relative net indebtedness %
Liquidity
Quick ratio10.921.61.82.81.7
Current ratio10.921.61.82.81.7
Cash and cash equivalents76 505.1326 730.032 096.665 929.737 256.98
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:1.52%
Rating: 28/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:5.50%
Rating: 6/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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