MINERVAX ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MINERVAX ApS
MINERVAX ApS (CVR number: 32673287) is a company from FREDERIKSBERG. The company recorded a gross profit of -98152.2 kDKK in 2022. The operating profit was -110.3 mDKK, while net earnings were -108 mDKK. The profitability of the company measured by Return on Assets (ROA) was -51.7 %, which can be considered poor and Return on Equity (ROE) was -53.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 94.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MINERVAX ApS's liquidity measured by quick ratio was 36.7 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 financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -12 098.30 | -25 979.06 | -12 031.59 | -57 828.86 | -98 152.17 |
EBIT | -13 497.58 | -27 344.90 | -14 056.73 | -66 601.49 | - 110 293.18 |
Net earnings | -11 497.36 | -24 795.63 | -14 762.30 | -61 922.78 | - 107 993.18 |
Shareholders equity total | -4 888.03 | -29 683.66 | 160 740.48 | 98 662.95 | 304 689.00 |
Balance sheet total (assets) | 18 551.98 | 21 493.71 | 170 286.23 | 112 669.55 | 321 118.44 |
Net debt | 7 131.44 | 33 789.78 | - 150 317.29 | -87 937.60 | - 300 163.61 |
Profitability | |||||
EBIT-% | |||||
ROA | -74.0 % | -73.3 % | -12.7 % | -46.8 % | -51.7 % |
ROE | -91.4 % | -123.8 % | -16.2 % | -47.7 % | -53.5 % |
ROI | -77.6 % | -76.0 % | -12.9 % | -48.2 % | -53.5 % |
Economic value added (EVA) | -10 936.65 | -22 398.10 | -11 291.80 | -61 602.28 | - 105 280.42 |
Solvency | |||||
Equity ratio | -20.9 % | -58.0 % | 94.4 % | 87.6 % | 94.9 % |
Gearing | -462.7 % | -166.4 % | 4.7 % | 8.0 % | 2.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 19.7 | 11.0 | 87.9 | 18.0 | 36.7 |
Current ratio | 19.7 | 11.0 | 87.9 | 18.0 | 36.7 |
Cash and cash equivalents | 15 486.40 | 15 599.38 | 157 935.47 | 95 788.23 | 308 076.69 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BBB | BBB |
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