MAGAARDS CONDITORIER ApS

Q: What is the CVR number of MAGAARDS CONDITORIER ApS?

MAGAARDS CONDITORIER ApS is registered with CVR / Virk under CVR 34545219.

Q: Where is MAGAARDS CONDITORIER ApS headquartered?

MAGAARDS CONDITORIER ApS's registered address is Munkerup Strandvej 63.

APSDissolved

CVR 34545219Munkerup Strandvej 63, 3120 DronningmølleFinansielle holdingselskaber· NACE 642010Est. 1971 · 54 years old— employees

Overview

MAGAARDS CONDITORIER ApS is a Danish APS based in Dronningmølle, operating in the Finansielle holdingselskaber sector. Incorporated in 1971, the company reported a gross profit of -DKK 19.7k in its latest annual filing.

Gross profit 2020

-19.7K DKK

−31% vs 2019

EBITDA margin (of gross profit)

100.0 %

+31% vs 2019

Net profit 2020

-17.7K DKK

-169% vs 2019

Key ratios

See full ratios →

96.8 %

Strong

Among the 40% highest rated companies in the industry

20162020

31.1×

Strong

Among the 30% highest rated companies in the industry

20162020

-3.3 %

Weak

Among the 30% lowest rated companies in the industry

20162020

EBITDA — year on year

DKK thousands

Key figures

Annual report 2020

Gross profit	-19.7K DKK	-31%
EBITDA	-19.7K DKK	+31%
Net profit	-17.7K DKK	-169%
Total assets	544.9K DKK	-30%
Equity	527.4K DKK	-31%
Employees	—	—

Financial development

In its most recent annual report (2020), MAGAARDS CONDITORIER ApS reported a gross profit of -DKK 19.7k. The figures on this page draw on 5 annual filings covering 2016 to 2020. The bottom line showed a net loss of DKK 17.7k.

At the end of 2020, equity financed 96.8% of the balance sheet, and current assets covered short-term debt 31.1 times.

Financials

Gross profit

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2020	2019	2018	2017	2016
Gross profit	-20	-28	-29	-30	-31
Staff expenses	-0	-0	-0	-0	-0
EBITDA	-20	-28	-29	-30	-31
Depreciation & amort.	-0	-0	-0	-0	-0
EBIT	-20	-28	-29	-30	-31
Net financials	2	54	-27	171	-291
Profit before tax	-18	26	-56	141	-323
Tax	-0	-0	-0	3	-0
Net profit	-18	26	-56	137	-323

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Balance sheet

DKK thousands

Item	2020	2019	2018	2017	2016
Total assets	545	781	1,019	1,230	1,295
Equity	527	761	947	1,210	1,275
Long-term debt	0	0	0	0	0
Short-term debt	18	20	72	20	21
Total debt	18	20	72	20	21

Financial ratios

5-year trend

EBITDA margin (of gross profit)

<−999 %

20162020

Equity ratio

96.8 %

Strong

Among the 40% highest rated companies in the industry

20162020

Return on equity

-3.4 %

Weak

Among the 30% lowest rated companies in the industry

20162020

Net profit margin (of gross profit)

<−999 %

20162020

Asset turnover (of gross profit)

-0.04×

20162020

Debt / equity

0.03×

Strong

Among the 40% highest rated companies in the industry

20162020

Sector performance

22 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Return on equity (ROE)Weak

Among the 30% lowest rated companies in the industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Weak

Among the 30% lowest rated companies in the industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Return on net assets (RONA)Weak

Among the 30% lowest rated companies in the industry

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Basic earning power (BEP)Very weak

Among the 20% lowest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Gross marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Capacity ratioNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Liquidity

Current ratioStrong

Among the 30% highest rated companies in the industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioStrong

Among the 30% highest rated companies in the industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioStrong

Among the 40% highest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityVery weak

Among the 20% lowest rated companies in the industry

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalVery strong

Among the 10% highest rated companies in the industry

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Cash conversion ratioVery strong

Among the 10% highest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioStrong

Among the 40% highest rated companies in the industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioStrong

Among the 40% highest rated companies in the industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityStrong

Among the 40% highest rated companies in the industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityStrong

Among the 40% highest rated companies in the industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtVery weak

Among the 20% lowest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtVery weak

Among the 20% lowest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageAverage

Around the average of companies in the same industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtVery weak

Among the 10% lowest rated companies in the industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginVery weak

Among the 20% lowest rated companies in the industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Efficiency & development

Equity to contributed capitalWeak

Among the 30% lowest rated companies in the industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityVery weak

Among the 20% lowest rated companies in the industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtStrong

Among the 30% highest rated companies in the industry

The size of this year's increase or decrease in the company's debt.

Asset turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to total assets — the ability to generate revenue from the asset base.

Inventory turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

Annual reports & filings

Annual report 2020
Filed via CVR / Virk · Period 2019-05-01 – 2020-04-30
View PDF
Annual report 2019
Filed via CVR / Virk · Period 2018-05-01 – 2019-04-30
View PDF
Annual report 2018
Filed via CVR / Virk · Period 2017-05-01 – 2018-04-30
View PDF
Annual report 2017
Filed via CVR / Virk · Period 2016-05-01 – 2017-04-30
View PDF
Annual report 2016
Filed via CVR / Virk · Period 2015-05-01 – 2016-04-30
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (3)


RK Revisorinteressentskabet K.G. Jensen Audit	Audit	1971 – 1989
AM Anna Magaard Schack Management	Management	2012 – 2021
TM Tage Magaard Management	Management	1971 – 2012

Board of directors

Non-executive oversight

Name	Role	Member since

Former (5)


KH Kim Hermann Magaard Board of Directors	Board of Directors	1971 – 2021
PL Pierre Legarth Board of Directors	Board of Directors	2012 – 2021
AM Anna Magaard Schack Board of Directors	Board of Directors	1971 – 2021
LM Lily Magaard Board of Directors	Board of Directors	1971 – 2004
TM Tage Magaard Board of Directors	Board of Directors	1971 – 2012

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Kim Hermann Magaard	Individual	50–66.65%	50–66.65%	2011
Anna Magaard Schack	Individual	50–66.65%	50–66.65%	2011

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of MAGAARDS CONDITORIER ApS also hold positions in 16 other companies.

Person	Role here	Other companies
Pierre Legarth	Board of Directors	16 companiesMany roles

Frequently asked questions

What is the CVR number of MAGAARDS CONDITORIER ApS?

MAGAARDS CONDITORIER ApS is registered with CVR / Virk under CVR 34545219.

What is the gross profit of MAGAARDS CONDITORIER ApS?

MAGAARDS CONDITORIER ApS reported a gross profit of -DKK 19.7k in 2020.

Where is MAGAARDS CONDITORIER ApS headquartered?

MAGAARDS CONDITORIER ApS's registered address is Munkerup Strandvej 63.