MTG HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MTG HOLDING A/S
MTG HOLDING A/S (CVR number: 26171164) is a company from IKAST-BRANDE. The company recorded a gross profit of -28 kDKK in 2023. The operating profit was -28 kDKK, while net earnings were 666.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.2 %, which can be considered good but Return on Equity (ROE) was 18.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. MTG HOLDING 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 | 86.50 | 23.02 | 140.17 | 105.48 | -28.01 |
EBIT | 86.50 | 23.02 | 129.45 | 100.27 | -28.01 |
Net earnings | 190.44 | 11.88 | 390.61 | 452.02 | 666.40 |
Shareholders equity total | 2 780.42 | 2 578.19 | 3 130.08 | 3 268.55 | 3 779.02 |
Balance sheet total (assets) | 5 019.40 | 4 360.73 | 8 916.07 | 5 430.54 | 5 659.87 |
Net debt | 339.76 | - 390.17 | 3 588.00 | - 621.15 | - 565.90 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.8 % | 1.4 % | 8.3 % | 19.2 % | 12.2 % |
ROE | 7.2 % | 0.4 % | 13.7 % | 14.1 % | 18.9 % |
ROI | 4.9 % | 1.4 % | 8.6 % | 5.5 % | 12.6 % |
Economic value added (EVA) | 143.46 | 118.52 | 190.51 | 72.72 | 72.31 |
Solvency | |||||
Equity ratio | 55.4 % | 59.1 % | 35.1 % | 60.2 % | 66.8 % |
Gearing | 31.5 % | 24.0 % | 152.9 % | 37.6 % | 32.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 1.5 | 0.4 | 1.4 | 1.4 |
Current ratio | 0.7 | 1.5 | 0.4 | 1.4 | 1.4 |
Cash and cash equivalents | 537.18 | 1 009.20 | 1 198.91 | 1 848.82 | 1 810.58 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | A | A |
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