MINET FARVE- & GULVCENTER A/S — Credit Rating and Financial Key Figures

CVR number: 33042787
Østerbrogade 3 A, 8722 Hedensted
minet.hedensted@gmail.com

Credit rating

Company information

Official name
MINET FARVE- & GULVCENTER A/S
Personnel
6 persons
Established
2010
Company form
Limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About MINET FARVE- & GULVCENTER A/S

MINET FARVE- & GULVCENTER A/S (CVR number: 33042787) is a company from HEDENSTED. The company recorded a gross profit of 2672.6 kDKK in 2023. The operating profit was 630 kDKK, while net earnings were 478 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.4 %, which can be considered excellent and Return on Equity (ROE) was 31.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 54.8 %, 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. MINET FARVE- & GULVCENTER A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit2 330.592 137.112 660.652 565.042 672.61
EBIT437.26487.79686.58591.36630.00
Net earnings330.85366.48527.41447.59478.02
Shareholders equity total1 195.451 216.931 394.351 466.931 569.95
Balance sheet total (assets)2 481.992 537.792 385.142 363.622 866.76
Net debt- 474.20- 805.76- 884.80- 666.02- 814.42
Profitability
EBIT-%
ROA17.7 %19.4 %27.9 %24.9 %24.4 %
ROE28.8 %30.4 %40.4 %31.3 %31.5 %
ROI29.6 %31.3 %45.9 %38.6 %35.8 %
Economic value added (EVA)337.19362.54519.90434.05452.87
Solvency
Equity ratio48.2 %48.0 %58.5 %62.1 %54.8 %
Gearing36.0 %13.2 %3.6 %4.7 %28.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.21.71.71.4
Current ratio1.91.82.42.42.1
Cash and cash equivalents904.80965.84935.06734.621 267.33
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:24.4%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.8%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

Companies in the same industry

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