MINGO PHOTO ApS — Credit Rating and Financial Key Figures

CVR number: 26399637
St. Blichers Gade 9, 7400 Herning
Free credit report Annual report

Credit rating

Company information

Official name
MINGO PHOTO ApS
Personnel
2 persons
Established
2002
Company form
Private limited company
Industry

About MINGO PHOTO ApS

MINGO PHOTO ApS (CVR number: 26399637) is a company from HERNING. The company recorded a gross profit of 496.5 kDKK in 2024. The operating profit was 259.6 kDKK, while net earnings were 208.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.9 %, which can be considered decent and Return on Equity (ROE) was 7.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 82.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MINGO PHOTO ApS's liquidity measured by quick ratio was 2.8 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 profit754.34360.22822.00210.00496.46
EBIT407.11102.61533.0028.00259.64
Net earnings301.4265.46400.00- 252.00208.18
Shareholders equity total810.15575.61974.002 850.002 936.58
Balance sheet total (assets)1 540.421 057.292 285.003 303.003 552.04
Net debt- 571.41295.56-1 303.00-1 135.00- 486.85
Profitability
EBIT-%
ROA30.7 %7.9 %32.0 %12.9 %7.9 %
ROE45.7 %9.4 %51.6 %-13.2 %7.2 %
ROI41.9 %10.4 %46.4 %-11.3 %9.1 %
Economic value added (EVA)269.6221.66368.66-43.3752.92
Solvency
Equity ratio52.6 %54.4 %42.6 %86.3 %82.7 %
Gearing35.2 %53.9 %45.4 %4.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.71.61.53.62.8
Current ratio2.02.01.73.93.1
Cash and cash equivalents856.7014.801 745.001 263.00486.85
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:7.85%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:82.7%
Rating: 62/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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