MINKFARMEN HØJLUND ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MINKFARMEN HØJLUND ApS
MINKFARMEN HØJLUND ApS (CVR number: 63918911) is a company from STRUER. The company recorded a gross profit of 0 kDKK in 2024. The operating profit was -38.2 kDKK, while net earnings were -19.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.9 %, which can be considered weak but Return on Equity (ROE) was -2.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 61.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. MINKFARMEN HØJLUND ApS's liquidity measured by quick ratio was 2.6 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | |||||
EBIT | -23.36 | -27.80 | -26.10 | -36.35 | -38.23 |
Net earnings | 121.93 | -63.77 | - 128.11 | 23.56 | -19.81 |
Shareholders equity total | 2 027.58 | 1 850.81 | 1 057.70 | 963.46 | 821.65 |
Balance sheet total (assets) | 2 057.71 | 1 869.68 | 1 773.51 | 1 495.56 | 1 332.91 |
Net debt | -2 048.22 | -1 843.16 | -1 240.10 | - 979.45 | - 837.46 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.3 % | 3.7 % | -0.4 % | 3.7 % | 0.9 % |
ROE | 6.0 % | -3.3 % | -8.8 % | 2.3 % | -2.2 % |
ROI | 6.4 % | 3.7 % | -0.5 % | 4.0 % | 0.9 % |
Economic value added (EVA) | - 123.26 | - 129.68 | - 119.11 | - 115.00 | - 112.29 |
Solvency | |||||
Equity ratio | 98.5 % | 99.0 % | 59.6 % | 64.4 % | 61.6 % |
Gearing | 48.0 % | 53.0 % | 59.3 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 68.3 | 99.1 | 2.5 | 2.8 | 2.6 |
Current ratio | 68.3 | 99.1 | 2.5 | 2.8 | 2.6 |
Cash and cash equivalents | 2 048.22 | 1 843.16 | 1 747.59 | 1 489.67 | 1 324.47 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BB | BB | BB |
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