MOGENS DANMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 5 345.00 | 6 727.00 | 6 677.00 | 6 699.00 | 4 909.35 |
EBIT | 1 805.00 | 2 542.00 | 1 263.00 | 1 021.00 | - 281.53 |
Net earnings | 1 433.00 | 1 985.00 | 950.00 | 719.00 | - 383.48 |
Shareholders equity total | 3 858.00 | 4 843.00 | 4 793.00 | 4 513.00 | 3 128.87 |
Balance sheet total (assets) | 7 961.00 | 8 592.00 | 7 861.00 | 9 211.00 | 8 761.16 |
Net debt | 1 589.00 | 1 038.00 | 1 186.00 | 2 333.00 | 1 643.13 |
Profitability | |||||
EBIT-% | |||||
ROA | 22.3 % | 32.0 % | 16.1 % | 12.0 % | -3.1 % |
ROE | 34.6 % | 45.6 % | 19.7 % | 15.5 % | -10.0 % |
ROI | 29.7 % | 44.5 % | 21.1 % | 15.0 % | -3.9 % |
Economic value added (EVA) | 1 129.22 | 1 739.71 | 691.67 | 508.59 | - 501.44 |
Solvency | |||||
Equity ratio | 48.5 % | 56.4 % | 61.0 % | 49.0 % | 35.7 % |
Gearing | 41.2 % | 21.4 % | 24.7 % | 51.7 % | 114.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.9 | 2.3 | 2.6 | 1.9 | 1.4 |
Current ratio | 1.9 | 2.3 | 2.7 | 1.9 | 1.4 |
Cash and cash equivalents | 1 930.36 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | AA | AA | A |
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