Magic Data ApS — Credit Rating and Financial Key Figures

Magic Data ApS (CVR number: 40989722) is a company from HVIDOVRE. The company recorded a gross profit of 22.7 kDKK in 2023, demonstrating a decline of -91.1 % compared to the previous year. The operating profit was 23.1 kDKK, while net earnings were 15.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent but Return on Equity (ROE) was 12 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 87.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Magic Data ApS's liquidity measured by quick ratio was 15.2 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.