MG HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 19407675
Stamholmen 140 B, 2650 Hvidovre

Company information

Official name
MG HOLDING ApS
Established
1996
Company form
Private limited company
Industry

About MG HOLDING ApS

MG HOLDING ApS (CVR number: 19407675) is a company from HVIDOVRE. The company reported a net sales of 1.3 mDKK in 2023, demonstrating a growth of 468.8 % compared to the previous year. The operating profit percentage was at 99.4 % (EBIT: 1.3 mDKK), while net earnings were 1339.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.9 %, which can be considered excellent and Return on Equity (ROE) was 22.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 95.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MG HOLDING ApS's liquidity measured by quick ratio was 13.7 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales685.17206.39228.421 299.27
Gross profit-3.51673.05200.48222.031 291.74
EBIT-3.51673.05200.48222.031 291.74
Net earnings3 892.90581.67204.60-15.421 339.92
Shareholders equity total5 531.265 412.925 504.535 374.706 596.82
Balance sheet total (assets)6 015.055 432.975 573.845 463.496 936.42
Net debt-3 933.22-3 351.93-3 698.96-3 801.54-3 969.22
Profitability
EBIT-%98.2 %97.1 %97.2 %99.4 %
ROA124.3 %13.4 %8.8 %6.3 %21.9 %
ROE107.0 %10.6 %3.7 %-0.3 %22.4 %
ROI100.7 %10.4 %4.7 %1.8 %22.7 %
Economic value added (EVA)-2.61598.25110.75111.901 249.62
Solvency
Equity ratio92.0 %99.6 %98.8 %98.4 %95.1 %
Gearing0.0 %0.3 %0.3 %0.1 %
Relative net indebtedness %-488.6 %-1766.4 %-1625.4 %-279.6 %
Liquidity
Quick ratio238.8168.253.943.313.7
Current ratio238.8168.253.943.313.7
Cash and cash equivalents3 935.703 367.933 714.963 801.543 972.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %370.0 %1298.7 %1263.2 %332.0 %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:21.9%
Rating: 77/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.1%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.