Minoform ApS
Credit rating
Company information
About Minoform ApS
Minoform ApS (CVR number: 33858868) is a company from AARHUS. The company recorded a gross profit of 19.7 kDKK in 2023. The operating profit was -106.7 kDKK, while net earnings were -255.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -22 %, which can be considered poor and Return on Equity (ROE) was -89.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -72.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Minoform ApS's liquidity measured by quick ratio was 2.7 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 | 419.47 | 434.47 | 326.43 | 41.06 | 19.74 |
EBIT | 62.80 | 55.56 | 40.33 | - 270.95 | - 106.73 |
Net earnings | 36.10 | 29.95 | 19.48 | - 224.87 | - 255.60 |
Shareholders equity total | 102.46 | 132.41 | 151.89 | -72.98 | - 328.58 |
Balance sheet total (assets) | 681.12 | 736.72 | 723.23 | 445.98 | 122.54 |
Net debt | 239.00 | 91.66 | 326.31 | 165.69 | 327.41 |
Profitability | |||||
EBIT-% | |||||
ROA | 10.2 % | 7.8 % | 5.5 % | -43.6 % | -22.0 % |
ROE | 42.8 % | 25.5 % | 13.7 % | -75.2 % | -89.9 % |
ROI | 13.5 % | 10.9 % | 7.7 % | -60.6 % | -29.4 % |
Economic value added (EVA) | 46.14 | 43.96 | 37.34 | - 218.20 | -62.59 |
Solvency | |||||
Equity ratio | 15.0 % | 18.0 % | 21.0 % | -14.1 % | -72.8 % |
Gearing | 379.3 % | 258.1 % | 230.7 % | -486.6 % | -112.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 1.0 | 1.2 | 0.8 | 2.7 |
Current ratio | 0.8 | 1.0 | 1.2 | 0.8 | 2.7 |
Cash and cash equivalents | 149.67 | 250.06 | 24.10 | 189.43 | 43.22 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | B | B |
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