Magic Star ApS — Credit Rating and Financial Key Figures

Magic Star ApS (CVR number: 43621238) is a company from KØBENHAVN. The company recorded a gross profit of 460.4 kDKK in 2023. The operating profit was 51.2 kDKK, while net earnings were 35.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.3 %, which can be considered excellent and Return on Equity (ROE) was 46.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 28.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Magic Star ApS's liquidity measured by quick ratio was 1.4 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.