AALE MINK A/S — Credit Rating and Financial Key Figures

CVR number: 19580504
Højmarksvej 32, Kragelund 8723 Løsning
tel: 75893632

Credit rating

Company information

Official name
AALE MINK A/S
Personnel
2 persons
Established
1996
Domicile
Kragelund
Company form
Limited company
Industry
  • Expand more icon01Crop and animal production, hunting and related service activities

About AALE MINK A/S

AALE MINK A/S (CVR number: 19580504) is a company from HEDENSTED. The company recorded a gross profit of 317.8 kDKK in 2023. The operating profit was -541.7 kDKK, while net earnings were -659.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.5 %, which can be considered poor and Return on Equity (ROE) was -4.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 66.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. AALE MINK A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit395.14268.92236.76377.80317.77
EBIT- 547.50- 699.43- 798.47- 531.34- 541.67
Net earnings- 657.07- 955.52- 701.94981.01- 659.55
Shareholders equity total14 600.9913 645.4812 943.5313 924.5413 265.00
Balance sheet total (assets)25 716.3624 652.7223 197.3722 303.2419 837.46
Net debt8 967.8710 213.218 887.496 699.533 633.72
Profitability
EBIT-%
ROA-2.0 %-2.6 %-3.2 %6.9 %-2.5 %
ROE-4.4 %-6.8 %-5.3 %7.3 %-4.9 %
ROI-2.1 %-2.7 %-3.3 %7.1 %-2.6 %
Economic value added (EVA)-1 584.62-1 665.09-1 722.56-1 486.28-1 226.98
Solvency
Equity ratio56.8 %55.4 %55.8 %62.4 %66.9 %
Gearing74.7 %77.0 %68.9 %50.2 %37.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.41.40.10.4
Current ratio4.24.38.21.31.2
Cash and cash equivalents1 944.77299.6536.29289.881 327.90
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBAA

Variable visualization

ROA:-2.47%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.9%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

Companies in the same industry

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