Mini Fin ApS — Credit Rating and Financial Key Figures

CVR number: 39744481
Amagerbrogade 87, 2300 København S
salg@minifin.dk
tel: 53814849
minifin.dk

Credit rating

Company information

Official name
Mini Fin ApS
Personnel
2 persons
Established
2018
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About Mini Fin ApS

Mini Fin ApS (CVR number: 39744481) is a company from KØBENHAVN. The company recorded a gross profit of 247 kDKK in 2023. The operating profit was -55 kDKK, while net earnings were -77.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.4 %, which can be considered poor and Return on Equity (ROE) was -10.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -3.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Mini Fin ApS's liquidity measured by quick ratio was 0.2 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 019.00
Gross profit8.79326.1884.49246.99
EBIT8.7948.2931.94- 119.54-55.02
Net earnings5.8533.8719.48-98.11-77.33
Shareholders equity total8.8542.7262.21-35.91-22.31
Balance sheet total (assets)43.01969.03636.36729.83703.16
Net debt-11.9792.66-35.81181.6625.19
Profitability
EBIT-%4.7 %
ROA20.4 %9.5 %4.0 %-17.1 %-7.4 %
ROE66.1 %131.4 %37.1 %-24.8 %-10.8 %
ROI44.2 %45.7 %22.9 %-66.9 %-26.3 %
Economic value added (EVA)5.9941.0024.04-93.83-65.25
Solvency
Equity ratio20.6 %4.4 %9.8 %-4.7 %-3.1 %
Gearing124.8 %331.6 %23.5 %-718.3 %-660.8 %
Relative net indebtedness %85.4 %
Liquidity
Quick ratio0.70.30.10.10.2
Current ratio1.30.50.40.30.4
Cash and cash equivalents23.0149.0350.4476.24122.24
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-44.0 %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:-7.36%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-3.08%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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