MTG HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 26171164
Torneåvej 14, 7430 Ikast
rm@miltex.dk
tel: 20907588

Company information

Official name
MTG HOLDING A/S
Established
2001
Company form
Limited company
Industry

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 -19.8 kDKK in 2024. The operating profit was -19.8 kDKK, while net earnings were 1812.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.3 %, which can be considered excellent and Return on Equity (ROE) was 39.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 60.1 %, 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 1.1 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit23.02140.17105.48-28.01-19.81
EBIT23.02129.45100.27-28.01-19.81
Net earnings11.88390.61452.02666.401 812.95
Shareholders equity total2 578.193 130.083 268.553 779.025 447.04
Balance sheet total (assets)4 360.738 916.075 430.545 659.879 060.72
Net debt- 390.173 588.00- 621.15- 565.90- 357.05
Profitability
EBIT-%
ROA1.4 %8.3 %19.2 %12.2 %25.3 %
ROE0.4 %13.7 %14.1 %18.9 %39.3 %
ROI1.4 %8.6 %5.5 %12.6 %25.4 %
Economic value added (EVA)- 221.51- 115.37- 370.22- 277.25- 298.00
Solvency
Equity ratio59.1 %35.1 %60.2 %66.8 %60.1 %
Gearing24.0 %152.9 %37.6 %32.9 %54.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.50.41.41.41.1
Current ratio1.50.41.41.41.1
Cash and cash equivalents1 009.201 198.911 848.821 810.583 347.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:25.3%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.1%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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