MINIT DENMARK A/S — Credit Rating and Financial Key Figures

CVR number: 58264814
Skanderborgvej 13, 8362 Hørning
tel: 86922800
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Credit rating

Company information

Official name
MINIT DENMARK A/S
Personnel
3 persons
Established
1962
Company form
Limited company
Industry

About MINIT DENMARK A/S

MINIT DENMARK A/S (CVR number: 58264814) is a company from SKANDERBORG. The company recorded a gross profit of 606.5 kDKK in 2024. The operating profit was 187.8 kDKK, while net earnings were 137.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.6 %, which can be considered good and Return on Equity (ROE) was 11.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 82.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MINIT DENMARK A/S's liquidity measured by quick ratio was 4.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit519.661 951.091 251.22675.89606.46
EBIT44.98- 145.01- 463.20292.79187.75
Net earnings11.09- 164.26- 208.09221.31137.72
Shareholders equity total1 306.931 142.67934.591 155.891 293.61
Balance sheet total (assets)2 131.212 374.231 767.411 490.131 572.85
Net debt- 545.36- 794.57- 298.29- 530.69- 799.56
Profitability
EBIT-%
ROA2.0 %-6.4 %-10.5 %19.4 %13.6 %
ROE0.9 %-13.4 %-20.0 %21.2 %11.2 %
ROI3.2 %-10.8 %-17.8 %28.1 %17.0 %
Economic value added (EVA)-42.93- 179.49- 430.90173.6787.85
Solvency
Equity ratio61.3 %48.1 %52.9 %77.6 %82.2 %
Gearing0.7 %18.3 %16.5 %
Relative net indebtedness %
Liquidity
Quick ratio2.21.61.73.74.7
Current ratio2.21.71.83.74.8
Cash and cash equivalents555.021 003.46452.49530.69799.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:13.6%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:82.2%
Rating: 61/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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