MAGmag Århus ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 090.78 | 727.83 | 457.88 | 518.00 | 416.50 |
EBIT | 245.43 | -33.35 | - 158.76 | -92.00 | -96.35 |
Net earnings | 176.10 | -34.61 | - 177.33 | -98.00 | - 185.66 |
Shareholders equity total | 346.33 | 236.72 | 59.39 | -39.00 | - 224.60 |
Balance sheet total (assets) | 768.84 | 956.31 | 1 135.75 | 1 099.00 | 1 095.18 |
Net debt | 38.36 | 508.60 | 609.47 | 503.00 | 293.15 |
Profitability | |||||
EBIT-% | |||||
ROA | 40.5 % | -2.1 % | -13.5 % | -6.3 % | -6.2 % |
ROE | 68.2 % | -11.9 % | -119.8 % | -16.9 % | -16.9 % |
ROI | 78.6 % | -3.0 % | -16.2 % | -9.7 % | -18.9 % |
Economic value added (EVA) | 182.88 | -44.13 | - 163.68 | -81.79 | - 131.48 |
Solvency | |||||
Equity ratio | 51.2 % | 26.4 % | 5.6 % | -3.6 % | -17.8 % |
Gearing | 14.9 % | 215.9 % | 1035.8 % | -1300.0 % | -131.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.3 | 1.4 | 1.5 | 1.7 | 1.3 |
Current ratio | 1.8 | 1.3 | 1.4 | 1.6 | 1.2 |
Cash and cash equivalents | 13.38 | 2.36 | 5.67 | 4.00 | 3.13 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BB | BB | B |
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