MINERVA GROUP A/S — Credit Rating and Financial Key Figures

CVR number: 17630784
Åbogade 15, 8200 Aarhus N
tel: 70254400

Company information

Official name
MINERVA GROUP A/S
Personnel
13 persons
Established
1994
Company form
Limited company
Industry

About MINERVA GROUP A/S

MINERVA GROUP A/S (CVR number: 17630784) is a company from AARHUS. The company recorded a gross profit of 32.3 mDKK in 2023. The operating profit was 5813 kDKK, while net earnings were 2823 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.9 %, which can be considered decent but Return on Equity (ROE) was 14.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 39.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. MINERVA GROUP A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales
Gross profit26 373.0028 847.0013 537.0032 281.00
EBIT9 348.009 009.00-9 467.005 813.00
Net earnings10 248.0036 357.00-9 643.002 823.00
Shareholders equity total9 601.0035 151.0017 908.0020 731.00
Balance sheet total (assets)57 733.00102 237.0078 470.0052 843.00
Net debt-9 360.00-2 549.003 182.00-3 814.00
Profitability
EBIT-%
ROA20.1 %46.8 %-11.6 %7.9 %
ROE106.7 %162.5 %-36.3 %14.6 %
ROI64.7 %118.1 %-26.6 %18.2 %
Economic value added (EVA)8 288.768 757.65-9 064.004 508.99
Solvency
Equity ratio16.6 %34.4 %22.8 %39.2 %
Gearing29.1 %21.5 %75.3 %7.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.61.41.21.0
Current ratio1.01.41.21.0
Cash and cash equivalents12 158.0010 098.0010 306.005 317.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBA

Variable visualization

ROA:7.90%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:39.2%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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