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
Free credit report Annual report

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 124 kDKK in 2024. The operating profit was 124 kDKK, while net earnings were 71.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13 %, which can be considered good but Return on Equity (ROE) was 27.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 21.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. M.I.N.E CLOTHING COMPANY ApS's liquidity measured by quick ratio was 0.8 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
2024
Volume
Net sales
Gross profit140.65100.08124.02
EBIT140.65100.08124.02
Net earnings108.9673.1371.42
Shareholders equity total148.96222.09293.51
Balance sheet total (assets)591.85535.821 377.16
Net debt-32.62-5.9335.27
Profitability
EBIT-%
ROA23.8 %17.8 %13.0 %
ROE73.1 %39.4 %27.7 %
ROI94.4 %54.0 %44.9 %
Economic value added (EVA)108.9670.0280.92
Solvency
Equity ratio25.2 %41.4 %21.3 %
Gearing12.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.81.00.8
Current ratio1.31.71.3
Cash and cash equivalents32.625.931.98
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:13.0%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:21.3%
Rating: 20/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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