MG-STÅL ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MG-STÅL ApS
MG-STÅL ApS (CVR number: 46372328) is a company from AARHUS. The company recorded a gross profit of -34.5 kDKK in 2021. The operating profit was -34.5 kDKK, while net earnings were -357.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.1 %, which can be considered poor and Return on Equity (ROE) was -9.2 %, which can be considered poor. 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-STÅL ApS's liquidity measured by quick ratio was 9.6 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 financials2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 27.96 | 29.83 | -14.74 | -42.54 | -34.48 |
| EBIT | 27.96 | 29.83 | -14.74 | -42.54 | -34.48 |
| Net earnings | 366.07 | - 202.19 | -1 738.41 | 872.35 | - 357.46 |
| Shareholders equity total | 6 093.05 | 5 490.86 | 3 352.45 | 4 074.80 | 3 717.34 |
| Balance sheet total (assets) | 6 253.22 | 5 523.80 | 4 548.89 | 4 967.56 | 4 150.01 |
| Net debt | - 302.38 | - 238.85 | 511.26 | - 148.82 | -4 150.01 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 6.0 % | 15.6 % | -25.4 % | 24.6 % | -0.1 % |
| ROE | 5.5 % | -3.5 % | -39.3 % | 23.5 % | -9.2 % |
| ROI | 6.2 % | -5.1 % | -26.7 % | 28.7 % | -0.1 % |
| Economic value added (EVA) | - 182.24 | - 158.54 | - 152.00 | - 183.86 | - 238.49 |
| Solvency | |||||
| Equity ratio | 97.4 % | 99.4 % | 73.7 % | 82.0 % | 89.6 % |
| Gearing | 21.4 % | ||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 25.0 | 113.7 | 1.3 | 0.3 | 9.6 |
| Current ratio | 25.0 | 113.7 | 1.3 | 0.3 | 9.6 |
| Cash and cash equivalents | 302.38 | 238.85 | 206.26 | 148.82 | 4 150.01 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | BBB | BB | A | C |
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