Minta ApS — Credit Rating and Financial Key Figures

CVR number: 38891804
Vestergårdsvej 15, 6731 Tjæreborg
https://minta.dk

Credit rating

Company information

Official name
Minta ApS
Established
2017
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About Minta ApS

Minta ApS (CVR number: 38891804) is a company from ESBJERG. The company reported a net sales of 1.2 mDKK in 2021, demonstrating a growth of 32 % compared to the previous year. The operating profit percentage was at 1.8 % (EBIT: 0 mDKK), while net earnings were 13.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4 %, which can be considered decent and Return on Equity (ROE) was 4.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 31.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Minta ApS's liquidity measured by quick ratio was 0.1 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
2018
2019
2020
2021
Volume
Net sales616.99647.72938.381 238.66
Gross profit225.08305.27407.39640.07
EBIT-7.1920.9791.7021.78
Net earnings-21.369.1084.5213.43
Shareholders equity total213.80308.69466.82166.90
Balance sheet total (assets)253.56377.12544.22535.80
Net debt35.52-33.04- 104.22-45.80
Profitability
EBIT-%-1.2 %3.2 %9.8 %1.8 %
ROA-2.8 %6.7 %19.9 %4.0 %
ROE-10.0 %3.5 %21.8 %4.2 %
ROI-3.4 %8.0 %23.6 %6.9 %
Economic value added (EVA)-7.1917.7590.3920.26
Solvency
Equity ratio84.3 %81.9 %85.8 %31.1 %
Gearing
Relative net indebtedness %12.2 %5.5 %-2.9 %26.1 %
Liquidity
Quick ratio-0.70.51.30.1
Current ratio6.45.57.01.5
Cash and cash equivalents-35.5233.04104.2245.80
Capital use efficiency
Trade debtors turnover (days)3.52.3
Net working capital %34.7 %47.7 %49.7 %13.5 %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:4.03%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:31.1%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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