MG SERVICE A/S — Credit Rating and Financial Key Figures

CVR number: 10127017
Brandbjerglundvej 10, 8700 Horsens
tel: 75656775

Credit rating

Company information

Official name
MG SERVICE A/S
Personnel
2 persons
Established
2002
Company form
Limited company
Industry
  • Expand more icon33Repair and installation of machinery and equipment

About MG SERVICE A/S

MG SERVICE A/S (CVR number: 10127017) is a company from HORSENS. The company recorded a gross profit of 168.8 kDKK in 2023. The operating profit was 27.4 kDKK, while net earnings were 44.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.9 %, which can be considered weak and Return on Equity (ROE) was 3.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 89.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MG SERVICE A/S's liquidity measured by quick ratio was 10.3 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 profit1 103.56623.99686.50393.91168.84
EBIT127.5559.40457.44288.4927.40
Net earnings106.8746.03354.40233.4344.86
Shareholders equity total611.15657.181 011.591 245.011 289.87
Balance sheet total (assets)817.88807.691 161.931 498.911 439.50
Net debt- 431.86- 446.58- 806.49- 930.75- 854.17
Profitability
EBIT-%
ROA12.5 %7.9 %46.9 %22.7 %3.9 %
ROE11.2 %7.3 %42.5 %20.7 %3.5 %
ROI14.6 %9.8 %55.2 %26.5 %4.5 %
Economic value added (EVA)39.6636.17344.37213.215.44
Solvency
Equity ratio74.7 %81.4 %87.1 %83.1 %89.6 %
Gearing0.4 %
Relative net indebtedness %
Liquidity
Quick ratio4.55.722.97.410.3
Current ratio5.35.722.97.410.3
Cash and cash equivalents434.25446.58806.49930.75854.17
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBABBB

Variable visualization

ROA:3.94%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:89.6%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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