MINELCO A/S — Credit Rating and Financial Key Figures

CVR number: 11886124
Qullilerfik 2, 3900 Nuuk
Free credit report Annual report

Company information

Official name
MINELCO A/S
Established
2000
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-36.57-56.14- 244.90- 167.18-53.01
EBIT-36.57-56.143 638.41- 167.18-53.01
Net earnings982.556 007.546 668.549 563.0510 161.16
Shareholders equity total220 912.85226 920.40233 588.94243 151.99253 313.15
Balance sheet total (assets)229 373.29230 850.36233 629.86243 192.92253 357.07
Net debt-4.89-3.38-2.38-2.38-2.38
Profitability
EBIT-%
ROA0.4 %0.8 %2.9 %4.0 %4.1 %
ROE0.4 %2.7 %2.9 %4.0 %4.1 %
ROI0.4 %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 ratio96.3 %98.3 %100.0 %100.0 %100.0 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio52.658.75 709.05 942.75 768.2
Current ratio52.658.75 709.05 942.75 768.2
Cash and cash equivalents4.893.382.382.382.38
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:4.09%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:100.0%
Rating: 100/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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