Magnat ApS — Credit Rating and Financial Key Figures

Magnat ApS (CVR number: 34701946) is a company from GLADSAXE. The company recorded a gross profit of 27.8 mDKK in 2023. The operating profit was -3002.4 kDKK, while net earnings were -3837.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -31.7 %, which can be considered poor and Return on Equity (ROE) was -51.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -11 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Magnat ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.