Magmose A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Magmose A/S
Magmose A/S (CVR number: 33508107) is a company from NÆSTVED. The company recorded a gross profit of -373.1 kDKK in 2023. The operating profit was -373.1 kDKK, while net earnings were -302.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -17.2 %, which can be considered poor and Return on Equity (ROE) was -17.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 65.9 %, 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. Magmose A/S's liquidity measured by quick ratio was 2.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 192.12 | 1 962.79 | 3 016.33 | 778.38 | - 373.14 |
EBIT | - 698.85 | 91.44 | 1 446.10 | 1 213.42 | - 373.14 |
Net earnings | - 649.54 | -3.06 | 1 057.82 | 890.25 | - 302.58 |
Shareholders equity total | 921.34 | 918.28 | 1 976.10 | 2 866.35 | 563.76 |
Balance sheet total (assets) | 4 602.22 | 4 448.28 | 5 992.38 | 3 488.79 | 855.15 |
Net debt | 2 287.49 | 1 606.70 | 1 566.72 | -1 692.93 | - 346.42 |
Profitability | |||||
EBIT-% | |||||
ROA | -14.3 % | 2.0 % | 27.7 % | 25.6 % | -17.2 % |
ROE | -52.1 % | -0.3 % | 73.1 % | 36.8 % | -17.6 % |
ROI | -15.8 % | 2.3 % | 33.0 % | 29.4 % | -19.1 % |
Economic value added (EVA) | - 566.04 | 92.39 | 1 144.11 | 916.07 | - 344.36 |
Solvency | |||||
Equity ratio | 20.0 % | 20.6 % | 33.0 % | 82.2 % | 65.9 % |
Gearing | 350.3 % | 317.5 % | 149.2 % | 8.0 % | 3.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 0.7 | 1.0 | 6.1 | 2.9 |
Current ratio | 1.2 | 1.2 | 1.5 | 8.8 | 2.9 |
Cash and cash equivalents | 940.25 | 1 308.97 | 1 381.09 | 1 921.56 | 363.88 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | BB | BB |
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