M.G. Handel Aps — Credit Rating and Financial Key Figures

M.G. Handel Aps (CVR number: 39917963) is a company from KALUNDBORG. The company reported a net sales of 0.3 mDKK in 2024, demonstrating a growth of 87.8 % compared to the previous year. The operating profit percentage was at 78.7 % (EBIT: 0.2 mDKK), while net earnings were 132.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.5 %, which can be considered good but Return on Equity (ROE) was 29.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 18.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. M.G. Handel Aps's liquidity measured by quick ratio was 1.8 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.