Holstebro Minkfodercentral A.m.b.A. — Credit Rating and Financial Key Figures

CVR number: 36582014
Galgemosevej 21, 7500 Holstebro

Credit rating

Company information

Official name
Holstebro Minkfodercentral A.m.b.A.
Personnel
2 persons
Established
1960
Industry
  • Expand more icon10Manufacture of food products

About Holstebro Minkfodercentral A.m.b.A.

Holstebro Minkfodercentral A.m.b.A. (CVR number: 36582014) is a company from HOLSTEBRO. The company recorded a gross profit of -316.5 kDKK in 2023. The operating profit was -1415.3 kDKK, while net earnings were -1596.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.7 %, which can be considered poor and Return on Equity (ROE) was -133.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 1.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Holstebro Minkfodercentral A.m.b.A.'s liquidity measured by quick ratio was 0.5 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales231 678.12177 887.913 378.24
Gross profit16 421.758 735.88-9 991.48- 293.81- 316.55
EBIT- 193.58-5 072.97-12 229.18- 349.90-1 415.29
Net earnings17.37-6 070.15-12 516.86- 680.18-1 596.65
Shareholders equity total21 256.1315 191.982 675.111 994.93398.29
Balance sheet total (assets)80 496.0553 015.0927 143.4421 354.5724 384.68
Net debt11 800.03-9 357.83-5 915.70-5 503.81-9 127.78
Profitability
EBIT-%-0.1 %-2.9 %-362.0 %
ROA0.9 %-5.0 %-30.4 %-1.4 %-5.7 %
ROE0.1 %-33.3 %-140.1 %-29.1 %-133.4 %
ROI2.3 %-19.8 %-1075.3 %6.1 %47.6 %
Economic value added (EVA)-1 240.34-6 380.64-12 674.59-85.51-1 543.90
Solvency
Equity ratio26.4 %28.7 %7.6 %6.8 %1.6 %
Gearing55.5 %0.1 %0.1 %0.1 %
Relative net indebtedness %22.6 %11.5 %549.1 %
Liquidity
Quick ratio0.20.30.30.30.5
Current ratio0.60.60.30.30.5
Cash and cash equivalents2.919 373.085 917.225 506.739 127.78
Capital use efficiency
Trade debtors turnover (days)11.12.120.0
Net working capital %-9.8 %-8.2 %-538.9 %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-5.72%
Rating: 14/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:1.63%
Rating: 2/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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