M-G HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About M-G HOLDING ApS
M-G HOLDING ApS (CVR number: 29779627) is a company from KØBENHAVN. The company recorded a gross profit of -1.2 kDKK in 2023. The operating profit was -1.2 kDKK, while net earnings were 2.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak but Return on Equity (ROE) was 4.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 89.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. M-G HOLDING ApS's liquidity measured by quick ratio was 9.9 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 | 38.86 | -11.37 | -8.29 | -6.25 | -1.15 |
| EBIT | 38.86 | -11.37 | -8.29 | -6.25 | -1.15 |
| Net earnings | 16.63 | 126.25 | -71.82 | -7.29 | 2.69 |
| Shareholders equity total | 114.03 | 240.27 | 63.94 | 56.65 | 59.34 |
| Balance sheet total (assets) | 181.75 | 301.22 | 70.99 | 64.78 | 66.03 |
| Net debt | 13.50 | 14.30 | -5.82 | -2.71 | -0.46 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 15.1 % | 53.9 % | -38.1 % | -6.4 % | 2.1 % |
| ROE | 12.1 % | 71.3 % | -47.2 % | -12.1 % | 4.6 % |
| ROI | 17.8 % | 66.0 % | -44.6 % | -7.2 % | 2.3 % |
| Economic value added (EVA) | 22.17 | -18.39 | -21.08 | -9.46 | -4.00 |
| Solvency | |||||
| Equity ratio | 62.7 % | 79.8 % | 90.1 % | 87.4 % | 89.9 % |
| Gearing | 22.4 % | 5.9 % | |||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.7 | 3.9 | 10.1 | 8.0 | 9.9 |
| Current ratio | 1.7 | 3.9 | 10.1 | 8.0 | 9.9 |
| Cash and cash equivalents | 12.08 | 5.82 | 2.71 | 0.46 | |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | B | BB | BB |
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