MG2 Holding ApS — Credit Rating and Financial Key Figures

MG2 Holding ApS (CVR number: 37827967K) is a company from SKIVE. The company recorded a gross profit of 19.7 mDKK in 2019. The operating profit was 2416.5 kDKK, while net earnings were 2916.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.7 %, which can be considered decent and Return on Equity (ROE) was 5.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 74.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. MG2 Holding ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.