ENGESVANG MINK ApS — Credit Rating and Financial Key Figures

CVR number: 47646928
Viborgvej 51, 7442 Engesvang

Company information

Official name
ENGESVANG MINK ApS
Personnel
1 person
Established
1974
Company form
Private limited company
Industry

About ENGESVANG MINK ApS

ENGESVANG MINK ApS (CVR number: 47646928) is a company from IKAST-BRANDE. The company recorded a gross profit of 901.7 kDKK in 2023. The operating profit was 859.9 kDKK, while net earnings were 1015.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.9 %, which can be considered excellent and Return on Equity (ROE) was 18.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 89.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ENGESVANG MINK ApS's liquidity measured by quick ratio was 2.8 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-20.00105.00-36.00164.00901.73
EBIT- 259.0022.00- 100.00122.00859.91
Net earnings- 103.00529.0057.00601.001 015.61
Shareholders equity total5 383.005 537.005 219.005 445.005 710.07
Balance sheet total (assets)8 392.008 686.008 473.006 873.006 367.98
Net debt2 980.003 123.003 209.001 192.00-1 674.39
Profitability
EBIT-%
ROA-1.0 %8.7 %1.5 %10.7 %18.9 %
ROE-1.8 %9.7 %1.1 %11.3 %18.2 %
ROI-1.1 %8.7 %1.5 %10.9 %20.3 %
Economic value added (EVA)- 478.10- 251.17- 348.68- 157.28433.90
Solvency
Equity ratio64.1 %63.7 %61.6 %79.2 %89.7 %
Gearing55.6 %56.6 %62.1 %21.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.20.10.62.8
Current ratio1.00.90.81.62.8
Cash and cash equivalents14.0011.0031.001 674.39
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:18.9%
Rating: 72/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:89.7%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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