MAGENTA ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MAGENTA ApS
MAGENTA ApS (CVR number: 25052943) is a company from KØBENHAVN. The company reported a net sales of 26.5 mDKK in 2023, demonstrating a decline of -12.4 % compared to the previous year. The operating profit percentage was poor at -17.5 % (EBIT: -4.6 mDKK), while net earnings were -4320.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -38.4 %, which can be considered poor and Return on Equity (ROE) was -82.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -25.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. MAGENTA 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.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 26 636.63 | 26 792.05 | 29 621.94 | 30 191.91 | 26 463.17 |
Gross profit | 21 567.91 | 22 457.49 | 23 492.44 | 23 517.85 | 19 468.29 |
EBIT | 618.08 | 483.06 | -4 101.31 | 373.05 | -4 625.80 |
Net earnings | 165.68 | 161.02 | -3 276.07 | 0.95 | -4 320.48 |
Shareholders equity total | 1 749.62 | 1 910.64 | 1 634.57 | 1 635.53 | -2 684.95 |
Balance sheet total (assets) | 9 717.69 | 11 411.49 | 15 247.60 | 12 545.70 | 8 844.27 |
Net debt | 3 851.63 | 2 298.87 | -1 810.83 | 2 990.17 | 6 691.89 |
Profitability | |||||
EBIT-% | 2.3 % | 1.8 % | -13.8 % | 1.2 % | -17.5 % |
ROA | 6.1 % | 4.9 % | -30.8 % | 2.7 % | -38.4 % |
ROE | 9.9 % | 8.8 % | -184.8 % | 0.1 % | -82.5 % |
ROI | 11.1 % | 10.3 % | -127.3 % | 9.7 % | -74.7 % |
Economic value added (EVA) | 411.43 | 458.41 | -3 073.94 | 395.12 | -3 550.38 |
Solvency | |||||
Equity ratio | 19.1 % | 16.7 % | 13.0 % | 13.2 % | -25.1 % |
Gearing | 223.6 % | 121.9 % | 25.5 % | 246.8 % | -249.3 % |
Relative net indebtedness % | 29.3 % | 34.8 % | 38.4 % | 32.7 % | 43.6 % |
Liquidity | |||||
Quick ratio | 0.5 | 0.5 | 1.0 | 0.7 | 0.6 |
Current ratio | 0.4 | 0.5 | 0.8 | 0.7 | 0.5 |
Cash and cash equivalents | 61.04 | 29.64 | 2 227.63 | 1 046.56 | 2.54 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 22.7 | 19.4 | 82.4 | 46.6 | 38.6 |
Net working capital % | -16.3 % | -17.9 % | -7.5 % | -11.3 % | -20.4 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BB |
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