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MAGIC ApS — Credit Rating and Financial Key Figures

CVR number: 28371292
Digtervænget 22, 8400 Ebeltoft
Bjarne@Glavind-Madsen.dk
Free credit report Annual report

Company information

Official name
MAGIC ApS
Personnel
3 persons
Established
2005
Company form
Private limited company
Industry

About MAGIC ApS

MAGIC ApS (CVR number: 28371292) is a company from SYDDJURS. The company recorded a gross profit of 1515 kDKK in 2024. The operating profit was 1397.7 kDKK, while net earnings were 1177.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.7 %, which can be considered decent but Return on Equity (ROE) was 10.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 57.2 %, 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. MAGIC ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 113.451 383.271 419.851 465.071 514.97
EBIT- 178.80918.081 097.511 067.761 397.74
Net earnings- 276.98893.45811.411 515.771 177.39
Shareholders equity total11 578.9412 387.6413 113.2511 504.0211 843.00
Balance sheet total (assets)24 412.1024 630.1525 130.7721 000.6420 703.52
Net debt11 720.5311 530.1111 068.898 061.898 063.47
Profitability
EBIT-%
ROA0.0 %4.6 %4.7 %8.0 %6.7 %
ROE-2.4 %7.5 %6.4 %12.3 %10.1 %
ROI0.0 %4.7 %4.7 %8.1 %6.8 %
Economic value added (EVA)-1 367.55- 167.19- 117.28- 162.44377.01
Solvency
Equity ratio47.4 %50.3 %52.2 %54.8 %57.2 %
Gearing101.2 %93.1 %86.7 %76.6 %69.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.10.80.3
Current ratio0.00.00.10.80.3
Cash and cash equivalents299.59747.18202.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:6.71%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.2%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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