MG1 HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 27325874
Mellemtoftevej 14, 2600 Glostrup

Company information

Official name
MG1 HOLDING ApS
Established
2003
Company form
Private limited company
Industry

About MG1 HOLDING ApS

MG1 HOLDING ApS (CVR number: 27325874) is a company from GLOSTRUP. The company recorded a gross profit of -125.6 kDKK in 2023. The operating profit was -166.7 kDKK, while net earnings were 3505.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.9 %, which can be considered good but Return on Equity (ROE) was 18.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 94.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MG1 HOLDING ApS's liquidity measured by quick ratio was 117.5 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

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 profit63.5635.33-28.64-16.95- 125.59
EBIT22.82-5.42-69.38-57.69- 166.68
Net earnings2 710.382 501.504 129.192 604.943 505.36
Shareholders equity total11 354.2113 455.7117 284.9017 539.8420 845.20
Balance sheet total (assets)12 746.9214 768.4018 552.5318 727.1221 971.14
Net debt1 238.31- 837.84-5 022.05-5 666.52-7 633.54
Profitability
EBIT-%
ROA22.3 %18.4 %24.9 %18.3 %14.9 %
ROE24.6 %20.2 %26.9 %15.0 %18.3 %
ROI22.6 %18.4 %25.0 %18.4 %15.0 %
Economic value added (EVA)297.99209.21- 142.16- 260.06- 327.26
Solvency
Equity ratio89.1 %91.1 %93.2 %93.7 %94.9 %
Gearing11.8 %9.5 %7.1 %6.4 %5.1 %
Relative net indebtedness %
Liquidity
Quick ratio5.663.6107.586.0117.5
Current ratio5.663.6107.586.0117.5
Cash and cash equivalents104.692 122.286 248.136 786.438 694.05
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:14.9%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.9%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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