FONDEN MAGION — Credit Rating and Financial Key Figures

CVR number: 32643086
Tinghusgade 15, 7200 Grindsted

Company information

Official name
FONDEN MAGION
Personnel
65 persons
Established
2009
Industry

About FONDEN MAGION

FONDEN MAGION (CVR number: 32643086) is a company from BILLUND. The company recorded a gross profit of 15.9 mDKK in 2024. The operating profit was 1395.2 kDKK, while net earnings were 204.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak and Return on Equity (ROE) was 0.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 40.9 %, 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. FONDEN MAGION's liquidity measured by quick ratio was 0.2 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit13 557.0214 355.4513 566.6914 490.3915 947.98
EBIT2 234.192 747.021 441.291 390.151 395.20
Net earnings496.941 517.02338.20136.33204.89
Shareholders equity total34 005.7835 632.7235 683.8635 834.4936 039.37
Balance sheet total (assets)66 938.7670 338.6288 148.4092 083.3888 048.31
Net debt22 889.7926 095.5525 979.6030 304.4230 809.57
Profitability
EBIT-%
ROA2.8 %4.3 %1.8 %1.5 %1.6 %
ROE1.5 %4.4 %0.9 %0.4 %0.6 %
ROI3.1 %4.7 %2.2 %2.1 %2.0 %
Economic value added (EVA)-1 233.22- 626.24-1 773.90-1 741.17-2 133.35
Solvency
Equity ratio50.8 %50.7 %40.5 %38.9 %40.9 %
Gearing76.6 %74.9 %75.4 %90.8 %85.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.20.10.50.2
Current ratio0.60.30.10.50.3
Cash and cash equivalents3 169.00602.34936.592 225.2987.69
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:1.55%
Rating: 28/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.9%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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