Mininor Global ApS — Credit Rating and Financial Key Figures

CVR number: 39464020
Blokken 26, 3460 Birkerød
mininor@mininor.dk
tel: 30266299

Credit rating

Company information

Official name
Mininor Global ApS
Personnel
3 persons
Established
2018
Company form
Private limited company
Industry

About Mininor Global ApS

Mininor Global ApS (CVR number: 39464020) is a company from RUDERSDAL. The company recorded a gross profit of 1210.6 kDKK in 2023. The operating profit was -86.3 kDKK, while net earnings were -172 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0 %, which can be considered poor and Return on Equity (ROE) was -43.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 7.4 %, 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. Mininor Global ApS's liquidity measured by quick ratio was 0.2 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 profit1 551.33939.781 268.421 384.001 210.61
EBIT733.75-33.34206.0333.00-86.35
Net earnings634.57-85.10161.6523.00- 172.01
Shareholders equity total382.47297.37459.01482.00309.90
Balance sheet total (assets)2 596.762 909.503 393.503 355.004 440.50
Net debt1 865.301 676.691 786.252 191.003 135.91
Profitability
EBIT-%
ROA33.1 %2.2 %7.5 %4.0 %-0.0 %
ROE52.0 %-25.0 %42.7 %4.9 %-43.4 %
ROI39.2 %2.7 %10.4 %5.4 %-0.1 %
Economic value added (EVA)658.12-51.88171.9513.34- 102.89
Solvency
Equity ratio14.7 %10.2 %13.5 %14.4 %7.4 %
Gearing491.3 %631.9 %403.9 %454.6 %1070.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.10.30.10.2
Current ratio0.90.80.90.90.9
Cash and cash equivalents13.62202.3067.80181.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-0.05%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:7.43%
Rating: 8/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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