MGE Frederiksbro II P/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MGE Frederiksbro II P/S
MGE Frederiksbro II P/S (CVR number: 29808821) is a company from KØBENHAVN. The company reported a net sales of 0.4 mDKK in 2023, demonstrating a growth of 88.3 % compared to the previous year. The operating profit percentage was poor at -1339.9 % (EBIT: -6 mDKK), while net earnings were -3326.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.3 %, which can be considered poor and Return on Equity (ROE) was -0.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 52 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MGE Frederiksbro II P/S's liquidity measured by quick ratio was 12.6 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 11.45 | 237.32 | 446.76 | ||
Gross profit | 12 739.76 | -15 492.49 | 3 588.97 | -2 157.12 | -4 019.54 |
EBIT | 8 960.93 | -22 717.00 | -3 659.52 | -6 645.25 | -5 986.00 |
Net earnings | - 234.34 | 41 544.37 | -5 773.99 | -9 554.71 | -3 326.63 |
Shareholders equity total | 332 674.54 | 374 218.91 | 405 644.92 | 396 090.22 | 430 763.58 |
Balance sheet total (assets) | 443 387.88 | 474 237.91 | 505 948.61 | 638 118.31 | 827 799.02 |
Net debt | 86 105.10 | 87 319.79 | 74 719.00 | 222 346.76 | 386 832.37 |
Profitability | |||||
EBIT-% | -31960.9 % | -2800.1 % | -1339.9 % | ||
ROA | 0.1 % | 9.1 % | -1.1 % | -1.6 % | -0.3 % |
ROE | -0.1 % | 11.8 % | -1.5 % | -2.4 % | -0.8 % |
ROI | 0.1 % | 9.4 % | -1.1 % | -1.6 % | -0.3 % |
Economic value added (EVA) | -8 148.06 | -43 755.04 | -26 846.02 | -30 777.67 | -37 056.36 |
Solvency | |||||
Equity ratio | 75.0 % | 78.9 % | 80.2 % | 62.1 % | 52.0 % |
Gearing | 26.2 % | 23.4 % | 18.5 % | 56.3 % | 89.8 % |
Relative net indebtedness % | 836871.9 % | 99844.8 % | 88834.7 % | ||
Liquidity | |||||
Quick ratio | 9.7 | 13.0 | 6.2 | 9.6 | 12.6 |
Current ratio | 9.7 | 13.0 | 6.2 | 9.6 | 12.6 |
Cash and cash equivalents | 1 208.66 | 146.18 | 139.15 | 733.63 | 156.56 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 947530.5 % | 51662.0 % | 25143.5 % | ||
Credit risk | |||||
Credit rating | A | BBB | A | A | BBB |
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