MG2020 Ejendomme ApS — Credit Rating and Financial Key Figures

CVR number: 29928215
Kærsangervej 32, 6100 Haderslev

Company information

Official name
MG2020 Ejendomme ApS
Established
1971
Company form
Private limited company
Industry

About MG2020 Ejendomme ApS

MG2020 Ejendomme ApS (CVR number: 29928215) is a company from HADERSLEV. The company recorded a gross profit of 161.1 kDKK in 2023. The operating profit was 141.9 kDKK, while net earnings were 83.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5 %, which can be considered decent and Return on Equity (ROE) was 7.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 40.3 %, 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. MG2020 Ejendomme ApS's liquidity measured by quick ratio was 1.1 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.

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 profit124.33253.37198.72132.65161.10
EBIT-67.71215.24176.89110.82141.90
Net earnings- 148.9138.64103.4757.8283.54
Shareholders equity total873.91912.551 016.021 073.841 157.39
Balance sheet total (assets)2 672.012 715.792 787.182 798.632 871.62
Net debt1 688.871 588.311 538.071 462.081 360.31
Profitability
EBIT-%
ROA-2.4 %8.0 %6.4 %4.0 %5.0 %
ROE-15.7 %4.3 %10.7 %5.5 %7.5 %
ROI-2.6 %8.4 %6.8 %4.1 %5.2 %
Economic value added (EVA)- 205.7428.235.59-40.27-12.81
Solvency
Equity ratio32.7 %33.6 %36.5 %38.4 %40.3 %
Gearing193.3 %180.0 %163.9 %152.9 %141.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.50.80.91.1
Current ratio0.10.50.80.91.1
Cash and cash equivalents54.62127.59179.66274.23
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:5.01%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.3%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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