MG Handel & Service ApS — Credit Rating and Financial Key Figures

CVR number: 43141686
Skibhusvej 115, 5000 Odense C
mghandelogservice@gmail.com
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Credit rating

Company information

Official name
MG Handel & Service ApS
Established
2022
Company form
Private limited company
Industry

About MG Handel & Service ApS

MG Handel & Service ApS (CVR number: 43141686) is a company from ODENSE. The company recorded a gross profit of -4 kDKK in 2023. The operating profit was -4 kDKK, while net earnings were -3.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.8 %, which can be considered poor and Return on Equity (ROE) was -9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 42.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MG Handel & Service 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
Volume
Net sales
Gross profit-4.60-4.00
EBIT-4.60-4.00
Net earnings-3.59-3.12
Shareholders equity total36.4133.29
Balance sheet total (assets)39.4478.90
Net debt0.0339.81
Profitability
EBIT-%
ROA-11.7 %-6.8 %
ROE-9.9 %-9.0 %
ROI-12.6 %-7.2 %
Economic value added (EVA)-4.60-5.83
Solvency
Equity ratio92.3 %42.2 %
Gearing0.1 %125.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.61.8
Current ratio12.712.4
Cash and cash equivalents1.80
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:-6.76%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.2%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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