MG HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 21843105
Kærsangervej 32, 6100 Haderslev

Credit rating

Company information

Official name
MG HOLDING ApS
Established
1999
Company form
Private limited company
Industry

About MG HOLDING ApS

MG HOLDING ApS (CVR number: 21843105) is a company from HADERSLEV. The company recorded a gross profit of -7.9 kDKK in 2023. The operating profit was -7.9 kDKK, while net earnings were 844.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.9 %, which can be considered good and Return on Equity (ROE) was 11.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 90.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MG HOLDING ApS's liquidity measured by quick ratio was 3.3 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-39.10-8.60-8.38-7.93-7.94
EBIT-39.10-8.60-8.38-7.93-7.94
Net earnings649.14776.261 356.04882.14844.73
Shareholders equity total4 122.804 788.466 031.506 799.247 526.17
Balance sheet total (assets)4 705.405 176.146 401.547 448.378 355.99
Net debt475.23-35.67- 477.32-1 302.14-1 636.49
Profitability
EBIT-%
ROA15.9 %15.8 %23.5 %12.8 %10.9 %
ROE16.9 %17.4 %25.1 %13.8 %11.8 %
ROI16.9 %16.6 %25.1 %13.8 %12.0 %
Economic value added (EVA)108.54178.79175.41247.06240.58
Solvency
Equity ratio87.6 %92.5 %94.2 %91.3 %90.1 %
Gearing11.7 %0.1 %0.3 %0.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.51.52.63.3
Current ratio0.00.51.52.63.3
Cash and cash equivalents5.5235.67483.831 319.821 654.17
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAAA

Variable visualization

ROA:10.9%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.1%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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