MIN Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MIN Holding ApS
MIN Holding ApS (CVR number: 39291932) is a company from KØBENHAVN. The company recorded a gross profit of -6.2 kDKK in 2024. The operating profit was -6.2 kDKK, while net earnings were -6.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.5 %, which can be considered poor and Return on Equity (ROE) was -33.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -76.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. MIN Holding ApS's liquidity measured by quick ratio was 1.2 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -4.75 | -5.64 | -7.42 | -4.20 | -6.25 |
EBIT | -4.75 | -5.64 | -7.42 | -4.20 | -6.25 |
Net earnings | -4.80 | -5.69 | -7.44 | -4.19 | -6.23 |
Shareholders equity total | -26.65 | -32.33 | -39.77 | -43.96 | -50.20 |
Balance sheet total (assets) | 23.02 | 17.33 | 13.89 | 21.70 | 15.46 |
Net debt | 36.65 | 42.33 | 49.77 | 53.96 | 60.20 |
Profitability | |||||
EBIT-% | |||||
ROA | -12.8 % | -11.3 % | -14.4 % | -7.0 % | -9.5 % |
ROE | -37.2 % | -28.2 % | -47.6 % | -23.6 % | -33.5 % |
ROI | -13.7 % | -11.9 % | -15.1 % | -7.3 % | -9.9 % |
Economic value added (EVA) | -4.77 | -6.67 | -8.17 | -4.77 | -7.21 |
Solvency | |||||
Equity ratio | -53.7 % | -65.1 % | -74.1 % | -67.0 % | -76.4 % |
Gearing | -177.0 % | -145.9 % | -128.6 % | -143.7 % | -125.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.2 | 1.9 | 0.6 | 3.7 | 1.2 |
Current ratio | 4.2 | 1.9 | 0.6 | 3.7 | 1.2 |
Cash and cash equivalents | 10.52 | 4.83 | 1.39 | 9.20 | 2.97 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | B | B | B | B |
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