MGET ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MGET ApS
MGET ApS (CVR number: 41473495) is a company from ALBERTSLUND. The company recorded a gross profit of 1071.6 kDKK in 2024. The operating profit was -552 kDKK, while net earnings were -575.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -70.7 %, which can be considered poor and Return on Equity (ROE) was -175.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -43.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. MGET ApS's liquidity measured by quick ratio was 0.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 1 521.40 | ||||
| Gross profit | 1 048 487.00 | 1 716.56 | 2 191.66 | 2 123.70 | 1 071.65 |
| EBIT | 124 704.00 | - 225.67 | 171.56 | 206.34 | - 552.01 |
| Net earnings | 101 175.00 | - 238.37 | 159.01 | 243.95 | - 575.26 |
| Shareholders equity total | 141 175.00 | -97.20 | 61.81 | 305.76 | - 269.50 |
| Balance sheet total (assets) | 665 980.00 | 657.43 | 559.76 | 941.12 | 351.01 |
| Net debt | - 385 389.00 | - 463.49 | - 353.29 | - 373.02 | - 132.04 |
| Profitability | |||||
| EBIT-% | 8196.6 % | ||||
| ROA | 18.7 % | -0.1 % | 26.1 % | 42.4 % | -70.7 % |
| ROE | 71.7 % | -0.3 % | 44.2 % | 132.7 % | -175.2 % |
| ROI | 88.3 % | -0.3 % | 539.2 % | 171.6 % | -351.0 % |
| Economic value added (EVA) | 101 183.93 | -7 319.71 | 176.40 | 158.75 | - 565.46 |
| Solvency | |||||
| Equity ratio | 21.2 % | -13.7 % | 11.0 % | 32.5 % | -43.4 % |
| Gearing | -0.9 % | 1.7 % | 0.1 % | -2.3 % | |
| Relative net indebtedness % | 9163.6 % | ||||
| Liquidity | |||||
| Quick ratio | 1.1 | 0.8 | 0.9 | 1.4 | 0.5 |
| Current ratio | 1.1 | 0.7 | 0.9 | 1.4 | 0.5 |
| Cash and cash equivalents | 385 389.00 | 464.40 | 354.31 | 373.38 | 138.21 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 41 610.2 | ||||
| Net working capital % | 2269.3 % | ||||
| Credit risk | |||||
| Credit rating | BBB | BB | BB | BB | C |
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