MAGIC PRICE COLLECTION ApS — Credit Rating and Financial Key Figures

MAGIC PRICE COLLECTION ApS (CVR number: 33033354) is a company from ESBJERG. The company recorded a gross profit of 61.8 kDKK in 2016. The operating profit was 61.8 kDKK, while net earnings were 61.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 172.3 %, which can be considered excellent and Return on Equity (ROE) was 1316.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 13.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. MAGIC PRICE COLLECTION ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.