More Minutes ApS — Credit Rating and Financial Key Figures

CVR number: 40729585
Dageløkkevej 94 B, 3050 Humlebæk

Company information

Official name
More Minutes ApS
Personnel
1 person
Established
2019
Company form
Private limited company
Industry

About More Minutes ApS

More Minutes ApS (CVR number: 40729585) is a company from FREDENSBORG. The company recorded a gross profit of 122.3 kDKK in 2024. The operating profit was 105.7 kDKK, while net earnings were 71.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.8 %, which can be considered excellent and Return on Equity (ROE) was 21.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -5.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. More Minutes ApS's liquidity measured by quick ratio was 3.9 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit408.7384.16-73.41-80.20122.30
EBIT243.02-46.21- 276.77- 107.78105.74
Net earnings187.62-21.42- 207.27-92.4271.07
Shareholders equity total227.62206.20-1.07-93.49-22.42
Balance sheet total (assets)311.39588.04362.11282.55389.95
Net debt-28.7190.60166.60282.68162.67
Profitability
EBIT-%
ROA78.0 %-10.3 %-58.2 %-29.2 %26.8 %
ROE82.4 %-9.9 %-72.9 %-28.7 %21.1 %
ROI85.9 %-11.3 %-64.9 %-33.4 %30.5 %
Economic value added (EVA)187.62-42.81- 198.07-76.4787.86
Solvency
Equity ratio73.1 %35.1 %-0.3 %-24.9 %-5.4 %
Gearing149.9 %-29800.6 %-350.6 %-1631.6 %
Relative net indebtedness %
Liquidity
Quick ratio2.14.75.13.43.9
Current ratio2.14.75.13.43.9
Cash and cash equivalents28.71218.40151.6745.14203.12
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBCBB

Variable visualization

ROA:26.8%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-5.44%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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