MYNDERUP HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 24205401
Tollestrupvej 407, 9760 Vrå
VIKAR@VRAA.COM
tel: 40361111
www.vraa.com

Credit rating

Company information

Official name
MYNDERUP HOLDING ApS
Established
1999
Company form
Private limited company
Industry

About MYNDERUP HOLDING ApS

MYNDERUP HOLDING ApS (CVR number: 24205401) is a company from HJØRRING. The company recorded a gross profit of -22.3 kDKK in 2023. The operating profit was -230.6 kDKK, while net earnings were -813.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.8 %, which can be considered poor and Return on Equity (ROE) was -21.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 62.2 %, 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. MYNDERUP HOLDING ApS's liquidity measured by quick ratio was 0 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-22.1192.26-22.31
EBIT- 236.26- 201.06- 191.35- 116.95- 230.63
Net earnings- 236.26- 213.33- 200.89- 126.39- 813.44
Shareholders equity total4 658.854 445.524 244.634 118.243 304.80
Balance sheet total (assets)6 742.066 409.866 701.276 046.285 309.36
Net debt2 009.551 939.821 374.421 716.481 696.50
Profitability
EBIT-%
ROA-3.4 %-3.1 %-2.9 %-1.8 %-8.8 %
ROE-4.9 %-4.7 %-4.6 %-3.0 %-21.9 %
ROI-3.4 %-3.1 %-3.1 %-2.0 %-9.2 %
Economic value added (EVA)- 575.22- 517.32- 493.33- 380.44- 505.00
Solvency
Equity ratio69.1 %69.4 %63.3 %68.1 %62.2 %
Gearing44.2 %43.9 %43.5 %42.3 %51.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.10.70.1
Current ratio0.50.10.70.1
Cash and cash equivalents51.069.71470.3624.58
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-8.85%
Rating: 11/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.2%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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