MG Handel & Service ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 2023 | |
---|---|---|
Volume | ||
Net sales | ||
Gross profit | -4.60 | -4.00 |
EBIT | -4.60 | -4.00 |
Net earnings | -3.59 | -3.12 |
Shareholders equity total | 36.41 | 33.29 |
Balance sheet total (assets) | 39.44 | 78.90 |
Net debt | 0.03 | 39.81 |
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 ratio | 92.3 % | 42.2 % |
Gearing | 0.1 % | 125.0 % |
Relative net indebtedness % | ||
Liquidity | ||
Quick ratio | 2.6 | 1.8 |
Current ratio | 12.7 | 12.4 |
Cash and cash equivalents | 1.80 | |
Capital use efficiency | ||
Trade debtors turnover (days) | ||
Net working capital % | ||
Credit risk | ||
Credit rating | BBB | BBB |
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