Magic Production ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Magic Production ApS
Magic Production ApS (CVR number: 38890409) is a company from KØBENHAVN. The company reported a net sales of 0 mDKK in 2022, demonstrating a decline of -35.5 % compared to the previous year. The operating profit percentage was poor at -322 % (EBIT: -0 mDKK), while net earnings were -27.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -33.1 %, which can be considered poor and Return on Equity (ROE) was -50.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -45.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Magic Production ApS's liquidity measured by quick ratio was 5.1 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | -6.73 | 0.54 | 52.64 | 13.13 | 8.47 |
Gross profit | 29.82 | -12.19 | -34.31 | -48.80 | -27.28 |
EBIT | 29.82 | -12.19 | -34.31 | -48.80 | -27.28 |
Net earnings | 29.82 | -12.19 | -36.45 | -48.87 | -27.29 |
Shareholders equity total | 20.18 | 7.98 | 7.53 | -13.54 | -42.83 |
Balance sheet total (assets) | 69.67 | 63.40 | 65.38 | 57.31 | 51.02 |
Net debt | 26.53 | 36.48 | 39.12 | 58.17 | 92.17 |
Profitability | |||||
EBIT-% | -2266.7 % | -65.2 % | -371.6 % | -322.0 % | |
ROA | 42.8 % | -18.3 % | -53.3 % | -71.6 % | -33.1 % |
ROE | 147.8 % | -86.6 % | -469.8 % | -150.8 % | -50.4 % |
ROI | 42.8 % | -18.5 % | -54.5 % | -73.4 % | -33.8 % |
Economic value added (EVA) | 29.82 | -14.54 | -36.55 | -51.14 | -29.52 |
Solvency | |||||
Equity ratio | 29.0 % | 12.6 % | 11.5 % | -19.1 % | -45.6 % |
Gearing | 245.2 % | 678.5 % | 745.6 % | -510.9 % | -215.2 % |
Relative net indebtedness % | -394.2 % | 7012.6 % | 77.5 % | 455.7 % | 1107.6 % |
Liquidity | |||||
Quick ratio | 14.2 | 13.7 | 8.8 | 5.1 | |
Current ratio | 50.9 | 39.1 | 34.2 | 30.5 | |
Cash and cash equivalents | 22.95 | 17.69 | 17.06 | 11.00 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | -54.2 | ||||
Net working capital % | -1035.2 % | 11553.2 % | 121.0 % | 423.7 % | 582.4 % |
Credit risk | |||||
Credit rating | BB | B | B | B | BB |
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