Kragelund Mink ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Kragelund Mink ApS
Kragelund Mink ApS (CVR number: 38379321) is a company from HEDENSTED. The company recorded a gross profit of -16.9 kDKK in 2023. The operating profit was -16.9 kDKK, while net earnings were -7.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.5 %, which can be considered poor and Return on Equity (ROE) was -0.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 74.5 %, 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. Kragelund Mink ApS's liquidity measured by quick ratio was 11.4 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 149.96 | 664.75 | 619.32 | 2 037.70 | -16.93 |
EBIT | - 149.96 | 664.75 | 619.32 | 2 037.70 | -16.93 |
Net earnings | - 301.60 | 491.88 | 380.16 | 1 607.81 | -7.89 |
Shareholders equity total | -1 023.82 | - 531.94 | - 151.79 | 1 456.02 | 1 448.13 |
Balance sheet total (assets) | 2 261.95 | 3 616.32 | 2 423.04 | 2 040.06 | 1 942.97 |
Net debt | 2 969.16 | 2 709.70 | 2 431.61 | - 215.62 | -1 117.71 |
Profitability | |||||
EBIT-% | |||||
ROA | -3.6 % | 18.1 % | 18.8 % | 90.3 % | -0.5 % |
ROE | -9.9 % | 16.7 % | 12.6 % | 82.9 % | -0.5 % |
ROI | -3.7 % | 21.8 % | 22.6 % | 96.3 % | -0.5 % |
Economic value added (EVA) | -90.92 | 668.58 | 517.99 | 1 598.96 | -75.63 |
Solvency | |||||
Equity ratio | -31.2 % | -12.8 % | -5.9 % | 71.4 % | 74.5 % |
Gearing | -300.5 % | -583.7 % | -1627.5 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.2 | 0.2 | 1.2 | 11.4 |
Current ratio | 0.7 | 0.9 | 0.9 | 10.8 | 19.4 |
Cash and cash equivalents | 107.45 | 395.48 | 38.77 | 215.62 | 1 117.71 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BBB |
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