MGE Frederiksbro ApS — Credit Rating and Financial Key Figures

CVR number: 34072094
Grønningen 25, 1270 København K

Company information

Official name
MGE Frederiksbro ApS
Established
2011
Company form
Private limited company
Industry

About MGE Frederiksbro ApS

MGE Frederiksbro ApS (CVR number: 34072094) is a company from KØBENHAVN. The company reported a net sales of 78.9 mDKK in 2023, demonstrating a growth of 23 % compared to the previous year. The operating profit percentage was at 73.2 % (EBIT: 57.7 mDKK), while net earnings were 20 mDKK. The profitability of the company measured by Return on Assets (ROA) was 3 %, which can be considered weak but Return on Equity (ROE) was 4.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 24.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. MGE Frederiksbro ApS's liquidity measured by quick ratio was 1.1 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales0.5825.3364.1578.92
Gross profit-1.11-3.9010.6647.0857.84
EBIT-5.55-4.8410.6646.9957.74
Net earnings-25.89-39.3282.9740.1819.97
Shareholders equity total203.66164.34391.31431.48451.46
Balance sheet total (assets)960.161 216.381 775.241 784.451 873.16
Net debt696.931 013.381 297.881 290.261 343.63
Profitability
EBIT-%-831.6 %42.1 %73.3 %73.2 %
ROA-0.8 %-4.1 %8.0 %4.2 %3.0 %
ROE-25.1 %-21.4 %29.9 %9.8 %4.5 %
ROI-0.9 %-4.3 %8.2 %4.3 %3.0 %
Economic value added (EVA)-6.86-48.83-49.62-43.26-38.71
Solvency
Equity ratio21.2 %13.5 %22.0 %24.2 %24.1 %
Gearing342.3 %617.0 %338.3 %299.2 %297.9 %
Relative net indebtedness %180780.9 %5320.2 %2072.0 %1769.2 %
Liquidity
Quick ratio4.61.51.10.31.1
Current ratio4.61.51.10.31.1
Cash and cash equivalents0.140.6226.030.551.18
Capital use efficiency
Trade debtors turnover (days)0.25.22.5
Net working capital %5545.6 %66.9 %-86.3 %11.4 %
Credit risk
Credit ratingBBBBBBAAAAAA

Variable visualization

ROA:2.98%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:24.1%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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