HP MINKFARM ApS — Credit Rating and Financial Key Figures

CVR number: 20196572
Nørskovvej 6, Jegindø 7790 Thyholm
tel: 97879242

Credit rating

Company information

Official name
HP MINKFARM ApS
Established
1997
Domicile
Jegindø
Company form
Private limited company
Industry
  • Expand more icon01Crop and animal production, hunting and related service activities

About HP MINKFARM ApS

HP MINKFARM ApS (CVR number: 20196572) is a company from STRUER. The company recorded a gross profit of 8125.1 kDKK in 2022. The operating profit was 7309.2 kDKK, while net earnings were 6794.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 51.7 %, which can be considered excellent and Return on Equity (ROE) was 110.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 9.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. HP MINKFARM ApS's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20182019202020212022
Volume
Net sales
Gross profit1 769.65-3 330.70-47.411 884.938 125.09
EBIT-1 732.48-6 040.78-2 181.88837.727 309.20
Net earnings-1 528.78-6 297.78-2 738.4089.496 794.66
Shareholders equity total3 226.15-3 071.64-5 810.04-5 720.551 074.11
Balance sheet total (assets)17 365.9413 051.1814 079.5411 201.8611 332.43
Net debt11 481.7112 598.8713 622.3613 615.197 140.11
Profitability
EBIT-%
ROA-9.9 %-36.1 %-12.1 %4.6 %51.7 %
ROE-33.1 %-77.4 %-20.2 %0.7 %110.7 %
ROI-11.0 %-43.9 %-16.6 %6.2 %58.9 %
Economic value added (EVA)-1 728.66-6 103.66-2 083.99771.877 492.62
Solvency
Equity ratio20.8 %-22.7 %-40.2 %-41.8 %9.5 %
Gearing355.9 %-410.2 %-234.5 %-238.0 %943.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.00.5
Current ratio1.00.60.50.50.9
Cash and cash equivalents0.810.810.822 997.18
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:51.7%
Rating: 95/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:9.48%
Rating: 10/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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