MAGmag Galten ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MAGmag Galten ApS
MAGmag Galten ApS (CVR number: 36950986) is a company from RANDERS. The company recorded a gross profit of 234.4 kDKK in 2023. The operating profit was -81.8 kDKK, while net earnings were -164.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.7 %, which can be considered poor and Return on Equity (ROE) was -17.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -52.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. MAGmag Galten ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 743.28 | 558.74 | 175.15 | 138.85 | 234.43 |
EBIT | 168.19 | -46.81 | - 303.70 | -12.27 | -81.81 |
Net earnings | 87.72 | -49.72 | - 298.91 | -30.10 | - 164.65 |
Shareholders equity total | - 392.75 | - 442.47 | - 741.38 | - 771.49 | - 936.13 |
Balance sheet total (assets) | 904.06 | 859.02 | 892.24 | 933.42 | 901.51 |
Net debt | 1 016.46 | 1 170.35 | 1 513.20 | 1 215.36 | 1 226.60 |
Profitability | |||||
EBIT-% | |||||
ROA | 12.1 % | -2.5 % | -19.7 % | 0.2 % | -3.7 % |
ROE | 9.2 % | -5.6 % | -34.1 % | -3.3 % | -17.9 % |
ROI | 14.9 % | -2.9 % | -21.5 % | 0.3 % | -5.3 % |
Economic value added (EVA) | 135.29 | -16.74 | - 253.08 | 25.75 | -19.24 |
Solvency | |||||
Equity ratio | -32.2 % | -35.0 % | -46.6 % | -46.1 % | -52.2 % |
Gearing | -260.5 % | -264.9 % | -204.4 % | -157.7 % | -131.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 0.6 | 0.5 | 0.6 | 0.5 |
Current ratio | 0.6 | 0.6 | 0.5 | 0.6 | 0.5 |
Cash and cash equivalents | 6.74 | 1.73 | 2.50 | 1.45 | 1.13 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BB | BB | BB |
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