MAGASINET ApS — Credit Rating and Financial Key Figures

MAGASINET ApS (CVR number: 29414084) is a company from KØBENHAVN. The company recorded a gross profit of -5.4 kDKK in 2023. The operating profit was -178 kDKK, while net earnings were 555.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.4 %, which can be considered good and Return on Equity (ROE) was 14.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 97.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MAGASINET ApS's liquidity measured by quick ratio was 14.9 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.