MgO Group ApS — Credit Rating and Financial Key Figures

MgO Group ApS (CVR number: 37852899) is a company from EGEDAL. The company recorded a gross profit of 10.6 mDKK in 2023. The operating profit was 1771.2 kDKK, while net earnings were 958.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.3 %, which can be considered excellent and Return on Equity (ROE) was 24.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 6.8 %, 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. MgO Group ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.