MINELCO A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MINELCO A/S
MINELCO A/S (CVR number: 11886124) is a company from SERMERSOOQ. The company recorded a gross profit of -53 kDKK in 2024. The operating profit was -53 kDKK, while net earnings were 10.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent and Return on Equity (ROE) was 4.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MINELCO A/S's liquidity measured by quick ratio was 5768.2 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 | -36.57 | -56.14 | - 244.90 | - 167.18 | -53.01 |
EBIT | -36.57 | -56.14 | 3 638.41 | - 167.18 | -53.01 |
Net earnings | 982.55 | 6 007.54 | 6 668.54 | 9 563.05 | 10 161.16 |
Shareholders equity total | 220 912.85 | 226 920.40 | 233 588.94 | 243 151.99 | 253 313.15 |
Balance sheet total (assets) | 229 373.29 | 230 850.36 | 233 629.86 | 243 192.92 | 253 357.07 |
Net debt | -4.89 | -3.38 | -2.38 | -2.38 | -2.38 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.4 % | 0.8 % | 2.9 % | 4.0 % | 4.1 % |
ROE | 0.4 % | 2.7 % | 2.9 % | 4.0 % | 4.1 % |
ROI | 0.4 % | 0.8 % | 2.9 % | 4.0 % | 4.1 % |
Economic value added (EVA) | -11 293.90 | -11 346.76 | -7 761.46 | -11 905.03 | -12 271.40 |
Solvency | |||||
Equity ratio | 96.3 % | 98.3 % | 100.0 % | 100.0 % | 100.0 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 52.6 | 58.7 | 5 709.0 | 5 942.7 | 5 768.2 |
Current ratio | 52.6 | 58.7 | 5 709.0 | 5 942.7 | 5 768.2 |
Cash and cash equivalents | 4.89 | 3.38 | 2.38 | 2.38 | 2.38 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | B | BB | BB |
Variable visualization
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