MINK-O-LET ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MINK-O-LET ApS
MINK-O-LET ApS (CVR number: 10481244) is a company from NORDDJURS. The company recorded a gross profit of -65.9 kDKK in 2023. The operating profit was -114.9 kDKK, while net earnings were -83.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.8 %, which can be considered poor and Return on Equity (ROE) was -3.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 96.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MINK-O-LET ApS's liquidity measured by quick ratio was 7.3 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -16.03 | 111.92 | 162.57 | 168.35 | -65.95 |
EBIT | - 495.99 | 58.34 | 116.67 | 122.44 | - 114.86 |
Net earnings | - 389.63 | 44.03 | 88.68 | 99.70 | -83.61 |
Shareholders equity total | 1 936.00 | 1 980.03 | 2 068.71 | 2 168.41 | 2 084.81 |
Balance sheet total (assets) | 2 047.21 | 2 152.55 | 2 185.45 | 2 310.54 | 2 152.21 |
Net debt | 44.20 | -65.10 | - 187.79 | -69.83 | -29.88 |
Profitability | |||||
EBIT-% | |||||
ROA | -22.1 % | 2.8 % | 5.4 % | 5.7 % | -4.8 % |
ROE | -18.3 % | 2.2 % | 4.4 % | 4.7 % | -3.9 % |
ROI | -22.7 % | 2.9 % | 5.7 % | 6.0 % | -5.0 % |
Economic value added (EVA) | - 502.09 | -50.53 | -2.71 | 0.91 | - 193.86 |
Solvency | |||||
Equity ratio | 94.6 % | 92.0 % | 94.7 % | 93.8 % | 96.9 % |
Gearing | 2.9 % | 2.6 % | 1.5 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.2 | 2.1 | 3.7 | 4.3 | 7.3 |
Current ratio | 2.2 | 2.1 | 3.7 | 4.3 | 7.3 |
Cash and cash equivalents | 12.21 | 116.98 | 187.79 | 103.13 | 29.88 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | A | BBB |
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