MG Ejendomme Kolding ApS — Credit Rating and Financial Key Figures

CVR number: 40971378
Aarøvænget 1, Drejens 6000 Kolding

Credit rating

Company information

Official name
MG Ejendomme Kolding ApS
Established
2019
Domicile
Drejens
Company form
Private limited company
Industry

About MG Ejendomme Kolding ApS

MG Ejendomme Kolding ApS (CVR number: 40971378) is a company from KOLDING. The company recorded a gross profit of 94.9 kDKK in 2024. The operating profit was 56.2 kDKK, while net earnings were -15.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.9 %, which can be considered weak but Return on Equity (ROE) was -0.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 22.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. MG Ejendomme Kolding ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit41.02-26.0727.4969.4394.90
EBIT41.02-26.0727.4949.2256.20
Net earnings11.19-40.472.0820.14-15.57
Shareholders equity total27.31-13.16-11.089.06-6.51
Balance sheet total (assets)2 057.962 147.052 061.202 060.583 969.35
Net debt1 991.812 042.762 040.091 994.053 820.22
Profitability
EBIT-%
ROA2.0 %-1.2 %1.3 %2.4 %1.9 %
ROE51.5 %-3.7 %0.1 %1.9 %-0.8 %
ROI2.0 %-1.2 %1.3 %2.4 %1.9 %
Economic value added (EVA)-56.95- 123.81-80.09-64.87-59.31
Solvency
Equity ratio45.1 %41.3 %43.1 %44.1 %22.5 %
Gearing7412.7 %-16366.3 %-18648.2 %22567.2 %-60834.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.50.20.30.2
Current ratio0.40.50.20.30.2
Cash and cash equivalents32.59111.2025.9451.22139.49
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:1.87%
Rating: 29/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:22.5%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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