MINACA REAL ESTATE ApS — Credit Rating and Financial Key Figures

CVR number: 36536608
Strandpromenaden 12, 8700 Horsens

Company information

Official name
MINACA REAL ESTATE ApS
Personnel
1 person
Established
2015
Company form
Private limited company
Industry

About MINACA REAL ESTATE ApS

MINACA REAL ESTATE ApS (CVR number: 36536608) is a company from HORSENS. The company recorded a gross profit of 1049.6 kDKK in 2023. The operating profit was 745.9 kDKK, while net earnings were 255.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.7 %, which can be considered weak but Return on Equity (ROE) was 15.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 6.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. MINACA REAL ESTATE ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit514.34628.77813.84856.351 049.59
EBIT514.341 614.57695.06703.44745.88
Net earnings454.71983.75271.67160.82255.79
Shareholders equity total63.741 047.491 319.161 479.981 735.77
Balance sheet total (assets)19 967.0021 057.5127 918.6028 048.0028 012.38
Net debt15 927.5617 873.4024 952.7124 880.9125 203.44
Profitability
EBIT-%
ROA7.3 %7.9 %2.8 %2.5 %2.7 %
ROE5.2 %177.1 %23.0 %11.5 %15.9 %
ROI8.8 %8.5 %2.9 %2.6 %2.7 %
Economic value added (EVA)139.28754.38-45.27- 186.19- 206.77
Solvency
Equity ratio0.3 %5.0 %4.7 %5.3 %6.2 %
Gearing26805.3 %1856.0 %1962.0 %1745.5 %1471.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.20.10.10.0
Current ratio0.30.20.10.10.0
Cash and cash equivalents1 158.981 567.65928.85951.40344.39
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:2.67%
Rating: 33/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:6.20%
Rating: 7/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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