GRINDERSLEV MINK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About GRINDERSLEV MINK ApS
GRINDERSLEV MINK ApS (CVR number: 21221309) is a company from SKIVE. The company recorded a gross profit of -320.7 kDKK in 2023. The operating profit was -435 kDKK, while net earnings were -395.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.6 %, which can be considered poor and Return on Equity (ROE) was -6.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 78.4 %, 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. GRINDERSLEV MINK ApS's liquidity measured by quick ratio was 3.6 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 54.78 | 79.17 | 7 151.28 | -46.95 | - 320.73 |
EBIT | -1 202.77 | -1 015.84 | 5 337.73 | - 312.13 | - 435.01 |
Net earnings | -1 124.74 | - 978.12 | 3 816.24 | 455.04 | - 395.70 |
Shareholders equity total | 3 070.64 | 2 092.52 | 5 908.76 | 6 363.80 | 5 968.10 |
Balance sheet total (assets) | 7 124.52 | 7 388.13 | 10 377.08 | 8 000.75 | 7 607.84 |
Net debt | 1 712.78 | 1 915.38 | 1 804.58 | -1 467.57 | -2 588.15 |
Profitability | |||||
EBIT-% | |||||
ROA | -16.2 % | -14.0 % | 60.1 % | -3.0 % | -5.6 % |
ROE | -31.0 % | -37.9 % | 95.4 % | 7.4 % | -6.4 % |
ROI | -24.1 % | -22.8 % | 90.2 % | -3.8 % | -7.0 % |
Economic value added (EVA) | -1 189.10 | - 969.01 | 4 018.88 | - 547.27 | - 581.07 |
Solvency | |||||
Equity ratio | 43.1 % | 28.3 % | 56.9 % | 79.5 % | 78.4 % |
Gearing | 57.7 % | 94.4 % | 31.6 % | 1.9 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.4 | 0.4 | 1.9 | 3.0 | 3.6 |
Current ratio | 1.1 | 0.9 | 2.6 | 4.6 | 4.3 |
Cash and cash equivalents | 60.00 | 60.00 | 60.00 | 1 587.05 | 2 588.15 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | BBB |
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