MGM 2014 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MGM 2014 ApS
MGM 2014 ApS (CVR number: 10446600) is a company from SØNDERBORG. The company recorded a gross profit of -205.6 kDKK in 2023. The operating profit was -760.5 kDKK, while net earnings were -593 kDKK. The profitability of the company measured by Return on Assets (ROA) was -66.3 %, which can be considered poor and Return on Equity (ROE) was -77.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 75.5 %, 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. MGM 2014 ApS's liquidity measured by quick ratio was 3.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 070.00 | 714.00 | 250.00 | 1 063.00 | - 205.57 |
EBIT | 184.00 | 24.00 | - 391.00 | 206.00 | - 760.51 |
Net earnings | 142.00 | -17.00 | - 324.00 | 145.00 | - 593.00 |
Shareholders equity total | 1 255.00 | 1 238.00 | 914.00 | 1 059.00 | 466.68 |
Balance sheet total (assets) | 1 585.00 | 1 647.00 | 1 164.00 | 1 652.00 | 618.51 |
Net debt | - 394.00 | - 846.00 | - 613.00 | - 947.00 | - 221.08 |
Profitability | |||||
EBIT-% | |||||
ROA | 12.2 % | 1.5 % | -27.8 % | 14.7 % | -66.3 % |
ROE | 12.0 % | -1.4 % | -30.1 % | 14.7 % | -77.7 % |
ROI | 15.5 % | 1.9 % | -36.3 % | 21.0 % | -98.5 % |
Economic value added (EVA) | 105.62 | -22.61 | - 332.00 | 137.53 | - 593.34 |
Solvency | |||||
Equity ratio | 79.2 % | 75.2 % | 78.5 % | 64.1 % | 75.5 % |
Gearing | 0.7 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.6 | 2.9 | 4.4 | 2.7 | 3.7 |
Current ratio | 3.8 | 3.1 | 4.4 | 2.7 | 3.7 |
Cash and cash equivalents | 394.00 | 846.00 | 613.00 | 947.00 | 224.24 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | BBB | BBB | BB |
Variable visualization
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