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MGE Frederiksbro II Holding A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MGE Frederiksbro II Holding A/S
MGE Frederiksbro II Holding A/S (CVR number: 34072051K) is a company from KØBENHAVN. The company recorded a gross profit of -755 kDKK in 2020. The operating profit was -755 kDKK, while net earnings were 32.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.7 %, which can be considered good and Return on Equity (ROE) was 8.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 78.4 %, 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. MGE Frederiksbro II Holding A/S's liquidity measured by quick ratio was 1.3 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 financials2016 | 2017 | 2018 | 2019 | 2020 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | - 481.00 | -94.00 | -94.00 | -58.00 | - 755.00 |
| EBIT | -10 209.00 | -94.00 | -94.00 | -58.00 | - 755.00 |
| Net earnings | -10 887.00 | -2 404.00 | -1 526.00 | 32 489.00 | |
| Shareholders equity total | 214 048.00 | 359 300.00 | 357 774.00 | 357 774.00 | 390 263.00 |
| Balance sheet total (assets) | 363 991.00 | 364 352.00 | 468 584.00 | 538 591.00 | 497 827.00 |
| Net debt | 136 441.00 | 3 942.00 | 109 802.00 | 179 705.00 | 95 465.00 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -2.8 % | 0.1 % | -0.6 % | 0.8 % | 8.7 % |
| ROE | -5.0 % | -0.8 % | -0.4 % | 8.7 % | |
| ROI | -2.8 % | 0.1 % | -0.6 % | 0.8 % | 8.8 % |
| Economic value added (EVA) | -25 663.01 | -17 685.11 | -18 320.30 | -23 553.64 | -27 544.97 |
| Solvency | |||||
| Equity ratio | 58.8 % | 98.6 % | 76.4 % | 66.4 % | 78.4 % |
| Gearing | 63.8 % | 1.1 % | 30.7 % | 50.2 % | 24.5 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.0 | 7.5 | 1.3 | 1.2 | 1.3 |
| Current ratio | 0.0 | 7.5 | 1.3 | 1.2 | 1.3 |
| Cash and cash equivalents | 89.00 | 13.00 | 13.00 | 12.00 | 12.00 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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