MGN FINANS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 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 earnings | 550.54 | 2 434.19 | - 901.54 | -2 581.05 | 369.63 |
Shareholders equity total | 14 691.25 | 17 068.94 | 16 110.20 | 13 470.25 | 13 778.89 |
Balance sheet total (assets) | 15 314.12 | 18 164.85 | 17 043.80 | 14 399.32 | 14 497.09 |
Net debt | -10 905.34 | -13 904.52 | -11 927.87 | -12 940.78 | -13 773.68 |
Profitability | |||||
EBIT-% | |||||
ROA | 7.0 % | 19.7 % | 5.2 % | 12.4 % | 8.9 % |
ROE | 3.8 % | 15.3 % | -5.4 % | -17.5 % | 2.7 % |
ROI | 7.1 % | 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 ratio | 95.9 % | 94.0 % | 94.5 % | 93.5 % | 95.0 % |
Gearing | 2.6 % | 1.4 % | 4.7 % | 6.6 % | 5.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 18.2 | 12.9 | 14.0 | 15.1 | 20.2 |
Current ratio | 18.2 | 12.9 | 14.0 | 15.1 | 20.2 |
Cash and cash equivalents | 11 284.62 | 14 135.35 | 12 682.08 | 13 836.08 | 14 462.50 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | BBB | BBB |
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