BRØDRENES MINDE ApS — Credit Rating and Financial Key Figures

CVR number: 35141650
Kirkevænget 1, 5290 Marslev

Company information

Official name
BRØDRENES MINDE ApS
Established
2013
Company form
Private limited company
Industry

About BRØDRENES MINDE ApS

BRØDRENES MINDE ApS (CVR number: 35141650) is a company from KERTEMINDE. The company reported a net sales of 0.5 mDKK in 2023, demonstrating a growth of 100.4 % compared to the previous year. The operating profit percentage was at 100.7 % (EBIT: 0.5 mDKK), while net earnings were 561.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12 %, which can be considered good and Return on Equity (ROE) was 11.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 95.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. BRØDRENES MINDE ApS's liquidity measured by quick ratio was 29.6 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales319.00228.00266.00251.00502.88
Gross profit340.00231.00290.00276.00513.15
EBIT333.00224.00283.00269.00506.62
Net earnings344.00256.00323.00311.00561.91
Shareholders equity total3 929.004 077.004 290.004 488.004 934.67
Balance sheet total (assets)4 021.004 202.004 401.004 586.005 155.23
Net debt-63.00-26.00-28.00-33.00-23.79
Profitability
EBIT-%104.4 %98.2 %106.4 %107.2 %100.7 %
ROA9.0 %6.5 %8.0 %7.3 %12.0 %
ROE9.0 %6.4 %7.7 %7.1 %11.9 %
ROI9.3 %6.7 %8.2 %7.5 %12.4 %
Economic value added (EVA)298.48140.86179.64158.64385.51
Solvency
Equity ratio97.7 %97.0 %97.5 %97.9 %95.7 %
Gearing
Relative net indebtedness %9.1 %43.4 %31.2 %25.9 %39.1 %
Liquidity
Quick ratio49.817.929.955.629.6
Current ratio49.817.929.955.629.6
Cash and cash equivalents63.0026.0028.0033.0023.79
Capital use efficiency
Trade debtors turnover (days)
Net working capital %382.1 %622.8 %596.6 %717.5 %419.2 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:12.0%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.7%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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