MGE Frederiksbro II P/S — Credit Rating and Financial Key Figures

CVR number: 29808821
Grønningen 25, 1270 København K
tel: 33630900
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Credit rating

Company information

Official name
MGE Frederiksbro II P/S
Personnel
16 persons
Established
2006
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales11.45237.32446.76
Gross profit12 739.76-15 492.493 588.97-2 157.12-4 019.54
EBIT8 960.93-22 717.00-3 659.52-6 645.25-5 986.00
Net earnings- 234.3441 544.37-5 773.99-9 554.71-3 326.63
Shareholders equity total332 674.54374 218.91405 644.92396 090.22430 763.58
Balance sheet total (assets)443 387.88474 237.91505 948.61638 118.31827 799.02
Net debt86 105.1087 319.7974 719.00222 346.76386 832.37
Profitability
EBIT-%-31960.9 %-2800.1 %-1339.9 %
ROA0.1 %9.1 %-1.1 %-1.6 %-0.3 %
ROE-0.1 %11.8 %-1.5 %-2.4 %-0.8 %
ROI0.1 %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 ratio75.0 %78.9 %80.2 %62.1 %52.0 %
Gearing26.2 %23.4 %18.5 %56.3 %89.8 %
Relative net indebtedness %836871.9 %99844.8 %88834.7 %
Liquidity
Quick ratio9.713.06.29.612.6
Current ratio9.713.06.29.612.6
Cash and cash equivalents1 208.66146.18139.15733.63156.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %947530.5 %51662.0 %25143.5 %
Credit risk
Credit ratingABBBAABBB

Variable visualization

ROA:-0.27%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.0%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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