MGE13 ApS — Credit Rating and Financial Key Figures

CVR number: 25722833
Grønningen 25, 1270 København K

Company information

Official name
MGE13 ApS
Established
2014
Company form
Private limited company
Industry

About MGE13 ApS

MGE13 ApS (CVR number: 25722833) is a company from KØBENHAVN. The company reported a net sales of 1.7 mDKK in 2023, demonstrating a growth of 2 % compared to the previous year. The operating profit percentage was at 10.9 % (EBIT: 0.2 mDKK), while net earnings were 135.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.9 %, which can be considered weak and Return on Equity (ROE) was 1.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 48.5 %, 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. MGE13 ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 396.401 109.101 534.671 619.411 651.79
Gross profit1 005.04677.861 035.80939.551 151.46
EBIT813.83- 533.69-4 270.92- 223.27179.87
Net earnings550.09- 443.06-3 268.5454.76135.32
Shareholders equity total14 743.5213 900.4610 631.9210 686.6910 822.01
Balance sheet total (assets)26 769.4227 093.8923 078.1722 719.6122 290.63
Net debt11 286.4312 520.4911 473.1910 967.6410 609.00
Profitability
EBIT-%58.3 %-48.1 %-278.3 %-13.8 %10.9 %
ROA3.0 %-1.9 %-17.0 %-0.9 %0.9 %
ROE3.8 %-3.1 %-26.6 %0.5 %1.3 %
ROI3.1 %-1.9 %-17.1 %-0.9 %0.9 %
Economic value added (EVA)- 627.75-1 722.88-4 566.32-1 210.32- 871.28
Solvency
Equity ratio55.1 %51.3 %46.1 %47.0 %48.5 %
Gearing77.3 %90.5 %109.1 %105.1 %98.3 %
Relative net indebtedness %853.4 %1184.5 %803.0 %726.6 %692.7 %
Liquidity
Quick ratio1.30.20.70.80.7
Current ratio1.30.20.70.80.7
Cash and cash equivalents108.7955.60122.27265.9327.31
Capital use efficiency
Trade debtors turnover (days)14.70.1
Net working capital %11.2 %-150.0 %-35.9 %-21.2 %-30.0 %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:0.85%
Rating: 24/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.5%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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