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MGE17 ApS — Credit Rating and Financial Key Figures

CVR number: 34089930
Grønningen 25, 1270 København K
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Credit rating

Company information

Official name
MGE17 ApS
Established
2011
Company form
Private limited company
Industry

About MGE17 ApS

MGE17 ApS (CVR number: 34089930) is a company from KØBENHAVN. The company reported a net sales of 0.1 mDKK in 2025, demonstrating a decline of -89.1 % compared to the previous year. The operating profit percentage was at 3.5 % (EBIT: 0 mDKK), while net earnings were -412.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.5 %, which can be considered poor and Return on Equity (ROE) was -11.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MGE17 ApS's liquidity measured by quick ratio was 181.8 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
2021
2022
2023
2024
2025
Volume
Net sales1 055.86998.531 147.611 040.94113.11
Gross profit823.81703.62403.73- 617.124.01
EBIT-1 435.06- 646.7967.10- 617.124.01
Net earnings- 992.50- 327.54406.74-5 332.33- 412.15
Shareholders equity total8 920.558 593.008 999.743 667.413 255.26
Balance sheet total (assets)17 435.1517 226.3716 828.2311 131.133 273.26
Net debt8 212.167 781.567 312.197 119.41- 296.21
Profitability
EBIT-%-135.9 %-64.8 %5.8 %-59.3 %3.5 %
ROA-7.6 %-3.3 %0.9 %-47.3 %-3.5 %
ROE-10.5 %-3.7 %4.6 %-84.2 %-11.9 %
ROI-7.6 %-3.4 %0.9 %-47.6 %-3.5 %
Economic value added (EVA)-2 056.49-1 371.12- 776.45-1 319.32- 549.94
Solvency
Equity ratio51.2 %49.9 %53.5 %32.9 %99.4 %
Gearing93.3 %91.9 %83.1 %194.5 %
Relative net indebtedness %795.7 %852.7 %650.4 %696.3 %-245.9 %
Liquidity
Quick ratio6.44.07.37.8181.8
Current ratio6.44.07.37.8181.8
Cash and cash equivalents113.60118.67164.0215.36296.21
Capital use efficiency
Trade debtors turnover (days)0.6
Net working capital %250.8 %284.2 %241.2 %262.2 %2877.8 %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:-3.48%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:99.4%
Rating: 92/100
-1%
21%
50%
81%
99%
100%
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Roles

Companies in the same industry

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