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

CVR number: 10127017
Brandbjerglundvej 10, 8700 Horsens
tel: 75656775
Free credit report Annual report

Credit rating

Company information

Official name
MG SERVICE A/S
Personnel
2 persons
Established
2002
Company form
Limited company
Industry

About MG SERVICE A/S

MG SERVICE A/S (CVR number: 10127017) is a company from HORSENS. The company recorded a gross profit of 245.7 kDKK in 2024. The operating profit was -40.8 kDKK, while net earnings were -16.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.6 %, which can be considered poor and Return on Equity (ROE) was -1.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 86.8 %, 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 7.2 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit623.99686.50393.91170.39245.75
EBIT59.40457.44288.4927.40-40.81
Net earnings46.03354.40233.4344.85-16.23
Shareholders equity total657.181 011.591 245.011 289.87923.64
Balance sheet total (assets)807.691 161.931 498.911 439.501 063.61
Net debt- 446.58- 806.49- 930.75- 854.17- 741.87
Profitability
EBIT-%
ROA7.9 %46.9 %22.7 %3.9 %-1.6 %
ROE7.3 %42.5 %20.7 %3.5 %-1.5 %
ROI9.8 %55.2 %26.5 %4.5 %-1.8 %
Economic value added (EVA)14.16321.91172.31-41.83-99.04
Solvency
Equity ratio81.4 %87.1 %83.1 %89.6 %86.8 %
Gearing0.1 %
Relative net indebtedness %
Liquidity
Quick ratio5.722.97.410.37.2
Current ratio5.722.97.410.37.2
Cash and cash equivalents446.58806.49930.75854.17742.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-1.56%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:86.8%
Rating: 67/100
-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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