HBH MINK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About HBH MINK ApS
HBH MINK ApS (CVR number: 29510253) is a company from Brønderslev. The company recorded a gross profit of -206.2 kDKK in 2023. The operating profit was -965.6 kDKK, while net earnings were 163.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak and Return on Equity (ROE) was 3.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 32.1 %, 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. HBH MINK ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 626.42 | 4 755.86 | 252.46 | - 223.67 | - 206.21 |
EBIT | -1 512.56 | 3 312.28 | -68.64 | - 655.38 | - 965.60 |
Net earnings | -1 527.57 | 2 515.34 | - 123.39 | - 392.66 | 163.86 |
Shareholders equity total | 2 784.55 | 5 189.29 | 4 952.89 | 4 445.83 | 4 491.89 |
Balance sheet total (assets) | 6 669.24 | 7 586.21 | 11 364.33 | 10 719.58 | 13 987.97 |
Net debt | 2 321.23 | - 414.48 | -6 994.48 | -6 881.72 | -11 376.60 |
Profitability | |||||
EBIT-% | |||||
ROA | -27.2 % | 47.4 % | -0.5 % | -3.9 % | 2.1 % |
ROE | -42.4 % | 63.1 % | -2.4 % | -8.4 % | 3.7 % |
ROI | -31.5 % | 54.8 % | -0.7 % | -6.5 % | 4.4 % |
Economic value added (EVA) | -1 360.16 | 2 458.34 | - 193.69 | - 308.58 | - 530.27 |
Solvency | |||||
Equity ratio | 41.8 % | 68.4 % | 43.6 % | 41.5 % | 32.1 % |
Gearing | 88.2 % | 34.7 % | 36.5 % | 40.2 % | 23.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.3 | 2.3 | 1.5 | 1.4 | 1.3 |
Current ratio | 1.1 | 2.4 | 1.5 | 1.4 | 1.3 |
Cash and cash equivalents | 133.77 | 2 215.72 | 8 799.92 | 8 669.52 | 12 418.31 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | BBB | BBB |
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