Minkfarmen Norden ApS — Credit Rating and Financial Key Figures

Minkfarmen Norden ApS (CVR number: 38473204) is a company from HJØRRING. The company recorded a gross profit of -31.2 kDKK in 2023. The operating profit was -115.1 kDKK, while net earnings were 485.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.4 %, which can be considered poor but Return on Equity (ROE) was 5.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 80.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Minkfarmen Norden ApS's liquidity measured by quick ratio was 4.8 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.