MANDRUP VENNIKE ApS
Credit rating
Company information
About MANDRUP VENNIKE ApS
MANDRUP VENNIKE ApS (CVR number: 16645249) is a company from NYBORG. The company recorded a gross profit of 153.9 kDKK in 2023. The operating profit was -38.1 kDKK, while net earnings were -47.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.3 %, which can be considered poor and Return on Equity (ROE) was -5.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 43.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MANDRUP VENNIKE ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 172.16 | 67.88 | 127.56 | 125.53 | 153.89 |
EBIT | -13.47 | - 125.92 | -87.03 | -58.72 | -38.08 |
Net earnings | 37.25 | -32.47 | 5.06 | -58.96 | -47.16 |
Shareholders equity total | 953.60 | 921.13 | 926.19 | 867.23 | 820.07 |
Balance sheet total (assets) | 1 980.16 | 1 990.58 | 1 999.11 | 1 960.24 | 1 893.63 |
Net debt | 357.73 | 400.25 | 365.10 | 477.61 | 455.32 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.1 % | -1.5 % | 1.0 % | -1.8 % | -0.3 % |
ROE | 4.0 % | -3.5 % | 0.5 % | -6.6 % | -5.6 % |
ROI | 3.3 % | -1.6 % | 1.1 % | -1.9 % | -0.3 % |
Economic value added (EVA) | -32.71 | - 118.18 | -86.33 | -62.58 | -56.49 |
Solvency | |||||
Equity ratio | 48.2 % | 46.3 % | 46.3 % | 44.2 % | 43.3 % |
Gearing | 94.8 % | 99.8 % | 103.9 % | 118.4 % | 119.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 0.5 | 0.6 | 0.6 | 0.6 |
Current ratio | 0.6 | 0.5 | 0.6 | 0.6 | 0.6 |
Cash and cash equivalents | 546.08 | 518.94 | 596.95 | 549.45 | 523.71 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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