M.I.N.E CLOTHING COMPANY ApS — Credit Rating and Financial Key Figures

CVR number: 43457292
Høje Nibe 9, 9240 Nibe
nks@mine-denmark.dk
tel: 41822237

Company information

Official name
M.I.N.E CLOTHING COMPANY ApS
Established
2022
Company form
Private limited company
Industry

About M.I.N.E CLOTHING COMPANY ApS

M.I.N.E CLOTHING COMPANY ApS (CVR number: 43457292) is a company from AALBORG. The company recorded a gross profit of 100.1 kDKK in 2023. The operating profit was 100.1 kDKK, while net earnings were 73.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.8 %, which can be considered excellent and Return on Equity (ROE) was 39.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 41.4 %, 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. M.I.N.E CLOTHING COMPANY ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
Volume
Net sales
Gross profit140.65100.08
EBIT140.65100.08
Net earnings108.9673.13
Shareholders equity total148.96222.09
Balance sheet total (assets)591.85535.82
Net debt-32.62-5.93
Profitability
EBIT-%
ROA23.8 %17.8 %
ROE73.1 %39.4 %
ROI94.4 %54.0 %
Economic value added (EVA)108.9671.66
Solvency
Equity ratio25.2 %41.4 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio0.81.0
Current ratio1.31.7
Cash and cash equivalents32.625.93
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBB

Variable visualization

ROA:17.8%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:41.4%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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