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 5003.8 kDKK in 2024. The operating profit was 79.2 kDKK, while net earnings were -62.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1 %, which can be considered weak but Return on Equity (ROE) was -2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 43.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MOGENS DANMARK A/S's liquidity measured by quick ratio was 1.5 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 6 727.00 | 6 677.00 | 6 699.00 | 4 909.00 | 5 003.85 |
| EBIT | 2 542.00 | 1 263.00 | 1 021.00 | - 282.00 | 79.18 |
| Net earnings | 1 985.00 | 950.00 | 719.00 | - 383.00 | -62.77 |
| Shareholders equity total | 4 843.00 | 4 793.00 | 4 513.00 | 3 129.00 | 3 066.10 |
| Balance sheet total (assets) | 8 592.00 | 7 861.00 | 9 211.00 | 8 761.00 | 7 076.79 |
| Net debt | 1 038.00 | 1 186.00 | 2 333.00 | 1 644.00 | 1 461.48 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 32.0 % | 16.1 % | 12.0 % | -3.1 % | 1.0 % |
| ROE | 45.6 % | 19.7 % | 15.5 % | -10.0 % | -2.0 % |
| ROI | 44.5 % | 21.1 % | 15.0 % | -3.9 % | 1.3 % |
| Economic value added (EVA) | 1 681.77 | 655.80 | 458.44 | - 615.23 | - 293.95 |
| Solvency | |||||
| Equity ratio | 56.4 % | 61.0 % | 49.0 % | 35.7 % | 43.3 % |
| Gearing | 21.4 % | 24.7 % | 51.7 % | 114.2 % | 85.1 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.3 | 2.6 | 1.9 | 1.4 | 1.5 |
| Current ratio | 2.3 | 2.7 | 1.9 | 1.4 | 1.5 |
| Cash and cash equivalents | 1 930.00 | 1 148.59 | |||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | BBB | BBB |
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