MAGmag Århus ApS — Credit Rating and Financial Key Figures

CVR number: 33778899
Byfogedvej 9, 8920 Randers NV

Company information

Official name
MAGmag Århus ApS
Personnel
5 persons
Established
2011
Company form
Private limited company
Industry

About MAGmag Århus ApS

MAGmag Århus ApS (CVR number: 33778899) is a company from RANDERS. The company recorded a gross profit of 416.5 kDKK in 2023. The operating profit was -96.3 kDKK, while net earnings were -185.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.2 %, which can be considered poor and Return on Equity (ROE) was -16.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -17.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. MAGmag Århus ApS's liquidity measured by quick ratio was 1.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 090.78727.83457.88518.00416.50
EBIT245.43-33.35- 158.76-92.00-96.35
Net earnings176.10-34.61- 177.33-98.00- 185.66
Shareholders equity total346.33236.7259.39-39.00- 224.60
Balance sheet total (assets)768.84956.311 135.751 099.001 095.18
Net debt38.36508.60609.47503.00293.15
Profitability
EBIT-%
ROA40.5 %-2.1 %-13.5 %-6.3 %-6.2 %
ROE68.2 %-11.9 %-119.8 %-16.9 %-16.9 %
ROI78.6 %-3.0 %-16.2 %-9.7 %-18.9 %
Economic value added (EVA)182.88-44.13- 163.68-81.79- 131.48
Solvency
Equity ratio51.2 %26.4 %5.6 %-3.6 %-17.8 %
Gearing14.9 %215.9 %1035.8 %-1300.0 %-131.9 %
Relative net indebtedness %
Liquidity
Quick ratio2.31.41.51.71.3
Current ratio1.81.31.41.61.2
Cash and cash equivalents13.382.365.674.003.13
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-6.17%
Rating: 14/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-17.8%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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