HAPPY MINK ApS — Credit Rating and Financial Key Figures

CVR number: 28692145
Lundøvej 127, Svenstrup 7840 Højslev
tel: 97537322

Credit rating

Company information

Official name
HAPPY MINK ApS
Personnel
2 persons
Established
2005
Domicile
Svenstrup
Company form
Private limited company
Industry

About HAPPY MINK ApS

HAPPY MINK ApS (CVR number: 28692145) is a company from SKIVE. The company recorded a gross profit of -774.2 kDKK in 2023. The operating profit was -776.1 kDKK, while net earnings were -645.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -17.4 %, which can be considered poor and Return on Equity (ROE) was -21.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 59.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. HAPPY MINK ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit- 461.00- 305.00- 360.00- 225.00- 774.19
EBIT- 895.00- 335.00- 376.00- 236.00- 776.07
Net earnings- 983.00- 163.00- 441.00- 182.00- 645.33
Shareholders equity total4 147.003 984.003 542.003 360.002 714.36
Balance sheet total (assets)4 622.006 696.004 548.004 363.004 542.49
Net debt55.00814.00576.00613.001 804.67
Profitability
EBIT-%
ROA-17.5 %-5.6 %-5.6 %-5.3 %-17.4 %
ROE-33.5 %-4.0 %-11.7 %-5.3 %-21.2 %
ROI-17.8 %-6.7 %-6.8 %-5.7 %-18.2 %
Economic value added (EVA)- 781.20- 431.21- 452.76- 358.46- 772.37
Solvency
Equity ratio89.7 %59.5 %77.9 %77.0 %59.8 %
Gearing8.5 %25.2 %18.4 %19.3 %66.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.80.20.30.10.2
Current ratio8.61.74.24.12.3
Cash and cash equivalents299.00191.0077.0036.006.13
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-17.4%
Rating: 3/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.8%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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