MGN FINANS A/S — Credit Rating and Financial Key Figures

CVR number: 16994200
Drosselvej 92, 4171 Glumsø
Herlufmagle.slagteri@mail.dk

Credit rating

Company information

Official name
MGN FINANS A/S
Personnel
1 person
Established
1993
Company form
Limited company
Industry

About MGN FINANS A/S

MGN FINANS A/S (CVR number: 16994200) is a company from NÆSTVED. The company recorded a gross profit of -79.7 kDKK in 2024. The operating profit was -199.7 kDKK, while net earnings were 369.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.9 %, which can be considered good but Return on Equity (ROE) was 2.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 95 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MGN FINANS A/S's liquidity measured by quick ratio was 20.2 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 profit-38.66-33.09-34.06-55.33-79.67
EBIT- 308.66- 153.09- 154.06- 175.33- 199.67
Net earnings550.542 434.19- 901.54-2 581.05369.63
Shareholders equity total14 691.2517 068.9416 110.2013 470.2513 778.89
Balance sheet total (assets)15 314.1218 164.8517 043.8014 399.3214 497.09
Net debt-10 905.34-13 904.52-11 927.87-12 940.78-13 773.68
Profitability
EBIT-%
ROA7.0 %19.7 %5.2 %12.4 %8.9 %
ROE3.8 %15.3 %-5.4 %-17.5 %2.7 %
ROI7.1 %20.4 %5.3 %12.5 %8.9 %
Economic value added (EVA)- 954.31- 876.41- 989.48-1 045.13- 873.09
Solvency
Equity ratio95.9 %94.0 %94.5 %93.5 %95.0 %
Gearing2.6 %1.4 %4.7 %6.6 %5.0 %
Relative net indebtedness %
Liquidity
Quick ratio18.212.914.015.120.2
Current ratio18.212.914.015.120.2
Cash and cash equivalents11 284.6214 135.3512 682.0813 836.0814 462.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:8.91%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.0%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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