FROM MINKFARM ApS — Credit Rating and Financial Key Figures

CVR number: 29525757
Ringemarken 36, Ringe 5450 Otterup
frommink@outlook.dk
tel: 21608266

Credit rating

Company information

Official name
FROM MINKFARM ApS
Personnel
4 persons
Established
2006
Domicile
Ringe
Company form
Private limited company
Industry
  • Expand more icon01Crop and animal production, hunting and related service activities

About FROM MINKFARM ApS

FROM MINKFARM ApS (CVR number: 29525757) is a company from NORDFYNS. The company recorded a gross profit of 202.5 kDKK in 2023. The operating profit was -819 kDKK, while net earnings were -798.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.2 %, which can be considered poor and Return on Equity (ROE) was -6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -0.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. FROM MINKFARM ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit1 913.183 187.8710 498.49- 444.53202.53
EBIT-1 554.41213.118 504.03-1 446.66- 819.01
Net earnings-1 664.32- 504.215 837.59-1 324.56- 798.29
Shareholders equity total3 818.863 314.659 152.253 827.68- 170.60
Balance sheet total (assets)22 095.6427 095.2825 154.4027 485.1522 829.43
Net debt10 972.2210 646.376 949.61-2 810.75159.41
Profitability
EBIT-%
ROA-6.5 %0.9 %32.6 %-5.2 %-3.2 %
ROE-35.8 %-14.1 %93.6 %-20.4 %-6.0 %
ROI-9.9 %1.3 %41.6 %-9.8 %-20.7 %
Economic value added (EVA)-1 542.31-75.536 405.50-1 635.44- 635.27
Solvency
Equity ratio22.4 %19.6 %38.9 %13.9 %-0.7 %
Gearing292.2 %321.3 %75.9 %52.2 %-1170.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.70.61.71.4
Current ratio1.11.11.93.72.2
Cash and cash equivalents188.092.094 810.171 837.52
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBB

Variable visualization

ROA:-3.24%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-0.74%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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