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 2088.5 kDKK in 2023. The operating profit was 206.3 kDKK, while net earnings were 244 kDKK. The profitability of the company measured by Return on Assets (ROA) was 42.4 %, which can be considered excellent and Return on Equity (ROE) was 132.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 32.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. MGET ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | 1 521.40 | |||
Gross profit | 1 048 487.00 | 1 716.56 | 2 191.66 | 2 088.50 |
EBIT | 124 704.00 | - 225.67 | 171.56 | 206.34 |
Net earnings | 101 175.00 | - 238.37 | 159.01 | 243.95 |
Shareholders equity total | 141 175.00 | -97.20 | 61.81 | 305.76 |
Balance sheet total (assets) | 665 980.00 | 657.43 | 559.76 | 941.12 |
Net debt | - 385 389.00 | - 463.49 | - 353.29 | - 373.02 |
Profitability | ||||
EBIT-% | 8196.6 % | |||
ROA | 18.7 % | -0.1 % | 26.1 % | 42.4 % |
ROE | 71.7 % | -0.3 % | 44.2 % | 132.7 % |
ROI | 88.3 % | -0.3 % | 539.2 % | 171.6 % |
Economic value added (EVA) | 101 183.93 | 12 046.09 | 199.78 | 176.60 |
Solvency | ||||
Equity ratio | 21.2 % | -13.7 % | 11.0 % | 32.5 % |
Gearing | -0.9 % | 1.7 % | 0.1 % | |
Relative net indebtedness % | 9163.6 % | |||
Liquidity | ||||
Quick ratio | 1.1 | 0.8 | 0.9 | 1.4 |
Current ratio | 1.1 | 0.7 | 0.9 | 1.4 |
Cash and cash equivalents | 385 389.00 | 464.40 | 354.31 | 373.38 |
Capital use efficiency | ||||
Trade debtors turnover (days) | 41 610.2 | |||
Net working capital % | 2269.3 % | |||
Credit risk | ||||
Credit rating | BBB | BB | BBB | BBB |
Variable visualization
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