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MGJ HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MGJ HOLDING ApS
MGJ HOLDING ApS (CVR number: 28985371) is a company from AALBORG. The company recorded a gross profit of -19.9 kDKK in 2024. The operating profit was -19.9 kDKK, while net earnings were 29.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak and Return on Equity (ROE) was 1.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 79.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. MGJ HOLDING ApS's liquidity measured by quick ratio was 5 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -15.75 | -17.53 | -16.54 | -17.98 | -19.87 |
| EBIT | -15.75 | -17.53 | -16.54 | -17.98 | -19.87 |
| Net earnings | 27.18 | 26.54 | 28.25 | 28.25 | 29.46 |
| Shareholders equity total | 1 731.42 | 1 757.96 | 1 786.21 | 1 814.47 | 1 843.93 |
| Balance sheet total (assets) | 2 059.16 | 2 120.73 | 2 183.34 | 2 246.82 | 2 313.72 |
| Net debt | -0.31 | 275.44 | 286.40 | 322.77 | 332.44 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 2.2 % | 2.1 % | 2.2 % | 2.1 % | 2.1 % |
| ROE | 1.6 % | 1.5 % | 1.6 % | 1.6 % | 1.6 % |
| ROI | 2.6 % | 2.4 % | 2.3 % | 2.3 % | 2.3 % |
| Economic value added (EVA) | -97.87 | - 100.60 | - 115.02 | - 118.11 | - 123.09 |
| Solvency | |||||
| Equity ratio | 84.1 % | 82.9 % | 81.8 % | 80.8 % | 79.7 % |
| Gearing | 15.7 % | 16.0 % | 17.8 % | 18.0 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 6.4 | 6.0 | 5.6 | 5.3 | 5.0 |
| Current ratio | 6.4 | 6.0 | 5.6 | 5.3 | 5.0 |
| Cash and cash equivalents | 0.31 | 0.11 | |||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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