HAURVIG MINK ApS — Credit Rating and Financial Key Figures

CVR number: 26617979
Svinget 5, 6960 Hvide Sande

Credit rating

Company information

Official name
HAURVIG MINK ApS
Personnel
1 person
Established
2002
Company form
Private limited company
Industry

About HAURVIG MINK ApS

HAURVIG MINK ApS (CVR number: 26617979) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 165.3 kDKK in 2023. The operating profit was -293.3 kDKK, while net earnings were -308.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.6 %, which can be considered poor and Return on Equity (ROE) was -5.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 53.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. HAURVIG MINK ApS's liquidity measured by quick ratio was 0.3 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 profit332.5840.52-13.25534.16165.33
EBIT-1 395.80-1 189.51- 531.0157.09- 293.32
Net earnings-1 242.40-1 042.04- 532.45- 102.41- 308.65
Shareholders equity total7 596.906 554.866 022.415 920.005 611.35
Balance sheet total (assets)16 965.0412 384.3411 854.6012 073.6410 407.22
Net debt4 542.335 102.895 285.604 783.382 819.71
Profitability
EBIT-%
ROA-7.0 %-7.7 %-4.4 %0.5 %-2.6 %
ROE-15.1 %-14.7 %-8.5 %-1.7 %-5.4 %
ROI-7.0 %-7.8 %-4.5 %0.5 %-2.7 %
Economic value added (EVA)-1 661.99-1 264.57- 846.88- 259.29- 576.43
Solvency
Equity ratio44.8 %52.9 %50.8 %49.0 %53.9 %
Gearing117.2 %82.0 %88.7 %90.9 %71.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.10.00.10.3
Current ratio1.11.01.01.11.1
Cash and cash equivalents4 358.53269.0055.78597.051 182.86
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:-2.61%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.9%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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