MGM FINANCIAL GROUP ApS — Credit Rating and Financial Key Figures

MGM FINANCIAL GROUP ApS (CVR number: 31062691) is a company from HOLBÆK. The company recorded a gross profit of -26.1 kEUR in 2023. The operating profit was -163.5 kEUR, while net earnings were -163.5 kEUR. The profitability of the company measured by Return on Assets (ROA) was -6.2 %, which can be considered poor and Return on Equity (ROE) was -6.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 97.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MGM FINANCIAL GROUP ApS's liquidity measured by quick ratio was 0 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.