MGE MARIENBERGVEJ 108, VORDINGBORG ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MGE MARIENBERGVEJ 108, VORDINGBORG ApS
MGE MARIENBERGVEJ 108, VORDINGBORG ApS (CVR number: 34089930) is a company from KØBENHAVN. The company reported a net sales of 1.1 mDKK in 2023, demonstrating a growth of 14.9 % compared to the previous year. The operating profit percentage was at 5.8 % (EBIT: 0.1 mDKK), while net earnings were 406.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.9 %, which can be considered weak but Return on Equity (ROE) was 4.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 53.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MGE MARIENBERGVEJ 108, VORDINGBORG ApS's liquidity measured by quick ratio was 7.3 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 628.33 | 1 302.15 | 1 055.86 | 998.53 | 1 147.61 |
Gross profit | 575.53 | 1 103.49 | 823.81 | 703.62 | 403.73 |
EBIT | 413.46 | 951.48 | -1 435.06 | - 646.79 | 67.10 |
Net earnings | 373.64 | 830.48 | - 992.50 | - 327.54 | 406.74 |
Shareholders equity total | 9 082.57 | 9 913.05 | 8 920.55 | 8 593.00 | 8 999.74 |
Balance sheet total (assets) | 18 432.51 | 18 850.02 | 17 435.15 | 17 226.37 | 16 828.23 |
Net debt | 9 059.33 | 8 713.84 | 8 212.16 | 7 781.56 | 7 312.19 |
Profitability | |||||
EBIT-% | 25.4 % | 73.1 % | -135.9 % | -64.8 % | 5.8 % |
ROA | 2.5 % | 5.3 % | -7.6 % | -3.3 % | 0.9 % |
ROE | 4.2 % | 8.7 % | -10.5 % | -3.7 % | 4.6 % |
ROI | 2.5 % | 5.3 % | -7.6 % | -3.4 % | 0.9 % |
Economic value added (EVA) | - 551.09 | - 148.58 | -2 033.16 | -1 344.11 | - 749.25 |
Solvency | |||||
Equity ratio | 49.3 % | 52.6 % | 51.2 % | 49.9 % | 53.5 % |
Gearing | 101.0 % | 88.3 % | 93.3 % | 91.9 % | 83.1 % |
Relative net indebtedness % | 567.3 % | 683.3 % | 795.7 % | 852.7 % | 650.4 % |
Liquidity | |||||
Quick ratio | 4.3 | 5.0 | 6.4 | 4.0 | 7.3 |
Current ratio | 4.3 | 5.0 | 6.4 | 4.0 | 7.3 |
Cash and cash equivalents | 111.70 | 38.97 | 113.60 | 118.67 | 164.02 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 7.7 | 0.6 | |||
Net working capital % | 95.6 % | 150.8 % | 250.8 % | 284.2 % | 241.2 % |
Credit risk | |||||
Credit rating | AA | AA | BBB | BBB | A |
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