MG Food ApS — Credit Rating and Financial Key Figures

CVR number: 40281959
Ved Fjorden 4, 7600 Struer
mail@vaerftet-struer.dk
tel: 29600360
www.vaerftet-struer.dk

Credit rating

Company information

Official name
MG Food ApS
Personnel
30 persons
Established
2019
Company form
Private limited company
Industry
  • Expand more icon561110

About MG Food ApS

MG Food ApS (CVR number: 40281959) is a company from STRUER. The company recorded a gross profit of 4321 kDKK in 2024. The operating profit was 670.3 kDKK, while net earnings were 540.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.1 %, which can be considered excellent and Return on Equity (ROE) was 25.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 79 %, 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. MG Food ApS's liquidity measured by quick ratio was 3.9 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
2020
2021
2022
2023
2024
Volume
Net sales5 294.48
Gross profit2 686.832 750.783 324.483 794.424 321.02
EBIT855.48902.86481.33650.94670.34
Net earnings628.98654.12364.94504.16540.63
Shareholders equity total1 017.691 671.811 536.751 890.922 281.55
Balance sheet total (assets)1 862.152 456.452 431.852 647.822 887.03
Net debt-1 347.47-2 127.25-1 710.08-1 752.41-1 942.69
Profitability
EBIT-%16.2 %
ROA60.3 %41.8 %19.7 %25.6 %25.1 %
ROE89.4 %48.6 %22.7 %29.4 %25.9 %
ROI94.7 %62.5 %28.2 %35.9 %33.3 %
Economic value added (EVA)682.93726.37398.34526.57515.66
Solvency
Equity ratio54.7 %68.1 %63.2 %71.4 %79.0 %
Gearing19.7 %13.0 %
Relative net indebtedness %-13.3 %
Liquidity
Quick ratio2.02.72.32.93.9
Current ratio2.22.92.53.34.5
Cash and cash equivalents1 547.472 127.251 910.081 752.411 942.69
Capital use efficiency
Trade debtors turnover (days)0.4
Net working capital %18.6 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:25.1%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.0%
Rating: 59/100
-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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