ØRUM MINKFARM ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ØRUM MINKFARM ApS
ØRUM MINKFARM ApS (CVR number: 17441493) is a company from HEDENSTED. The company recorded a gross profit of 151.7 kDKK in 2023. The operating profit was -1220.7 kDKK, while net earnings were -908.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.1 %, which can be considered poor and Return on Equity (ROE) was -36.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24 %, 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. ØRUM MINKFARM ApS's liquidity measured by quick ratio was 0.7 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 | - 182.86 | - 586.66 | 3 230.84 | 251.49 | 151.68 |
EBIT | - 993.51 | -1 433.99 | 2 818.10 | - 868.26 | -1 220.70 |
Net earnings | -1 047.75 | -1 556.53 | 4 297.29 | - 689.58 | - 908.11 |
Shareholders equity total | 863.75 | - 692.78 | 3 604.51 | 2 914.93 | 2 006.82 |
Balance sheet total (assets) | 5 212.61 | 6 791.92 | 6 811.82 | 9 081.88 | 8 374.65 |
Net debt | 4 224.52 | 7 317.05 | 3 001.71 | -1 375.40 | 16.47 |
Profitability | |||||
EBIT-% | |||||
ROA | -19.4 % | -22.6 % | 39.4 % | -10.7 % | -13.1 % |
ROE | -75.5 % | -40.7 % | 82.7 % | -21.2 % | -36.9 % |
ROI | -20.3 % | -23.1 % | 40.5 % | -17.9 % | -46.4 % |
Economic value added (EVA) | -1 105.25 | -1 489.00 | 2 027.99 | - 863.59 | -1 030.27 |
Solvency | |||||
Equity ratio | 16.6 % | -9.3 % | 52.9 % | 32.1 % | 24.0 % |
Gearing | 489.1 % | -1056.2 % | 83.3 % | 0.8 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.0 | 0.0 | 0.6 | 0.8 | 0.7 |
Current ratio | 0.7 | 0.6 | 1.5 | 1.2 | 0.9 |
Cash and cash equivalents | 1 375.40 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | BB | BB |
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