MOGENS DANMARK A/S — Credit Rating and Financial Key Figures

CVR number: 29803722
Industrivej 9, 9510 Arden
mdk@md-as.dk
tel: 98562474

Company information

Official name
MOGENS DANMARK A/S
Personnel
13 persons
Established
2006
Company form
Limited company
Industry

About MOGENS DANMARK A/S

MOGENS DANMARK A/S (CVR number: 29803722) is a company from MARIAGERFJORD. The company recorded a gross profit of 4909.4 kDKK in 2023. The operating profit was -281.5 kDKK, while net earnings were -383.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.1 %, which can be considered poor and Return on Equity (ROE) was -10 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 35.7 %, 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. MOGENS DANMARK A/S's liquidity measured by quick ratio was 1.4 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit5 345.006 727.006 677.006 699.004 909.35
EBIT1 805.002 542.001 263.001 021.00- 281.53
Net earnings1 433.001 985.00950.00719.00- 383.48
Shareholders equity total3 858.004 843.004 793.004 513.003 128.87
Balance sheet total (assets)7 961.008 592.007 861.009 211.008 761.16
Net debt1 589.001 038.001 186.002 333.001 643.13
Profitability
EBIT-%
ROA22.3 %32.0 %16.1 %12.0 %-3.1 %
ROE34.6 %45.6 %19.7 %15.5 %-10.0 %
ROI29.7 %44.5 %21.1 %15.0 %-3.9 %
Economic value added (EVA)1 129.221 739.71691.67508.59- 501.44
Solvency
Equity ratio48.5 %56.4 %61.0 %49.0 %35.7 %
Gearing41.2 %21.4 %24.7 %51.7 %114.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.92.32.61.91.4
Current ratio1.92.32.71.91.4
Cash and cash equivalents1 930.36
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:-3.10%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:35.7%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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