MG16 Invest ApS — Credit Rating and Financial Key Figures

CVR number: 38407511
Ryvangs Allé 24, 8240 Risskov
mg@grundtvig-invest.dk

Credit rating

Company information

Official name
MG16 Invest ApS
Established
2016
Company form
Private limited company
Industry

About MG16 Invest ApS

MG16 Invest ApS (CVR number: 38407511) is a company from AARHUS. The company recorded a gross profit of -203.1 kDKK in 2023. The operating profit was -203.1 kDKK, while net earnings were 12.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.6 %, which can be considered good and Return on Equity (ROE) was 10.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 97.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MG16 Invest ApS's liquidity measured by quick ratio was 65.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-13.13-25.63-38.13-27.78- 203.12
EBIT-13.13-25.63-38.13-27.78- 203.12
Net earnings6 778.8916 290.757 891.948 412.5112 349.81
Shareholders equity total110 974.55127 265.30115 157.24123 569.75120 919.56
Balance sheet total (assets)110 992.42130 789.11125 323.84124 579.01123 601.68
Net debt-50 723.07-66 376.95-25 422.10-34 463.23-23 093.08
Profitability
EBIT-%
ROA8.1 %16.1 %6.7 %7.0 %10.6 %
ROE6.3 %13.7 %6.5 %7.0 %10.1 %
ROI8.1 %16.4 %6.8 %7.1 %10.8 %
Economic value added (EVA)-1 958.60-2 115.18-1 617.01-1 837.31-1 726.74
Solvency
Equity ratio100.0 %97.3 %91.9 %99.2 %97.8 %
Gearing0.0 %8.4 %0.1 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio5 549.0847.410.485.065.5
Current ratio5 549.0847.410.485.065.5
Cash and cash equivalents50 723.0766 387.8835 130.1834 563.2323 200.06
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:10.6%
Rating: 59/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.8%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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