MIRACLE BREWERIES A/S — Credit Rating and Financial Key Figures

CVR number: 27723748
Strandvejen 44, 5882 Vejstrup

Credit rating

Company information

Official name
MIRACLE BREWERIES A/S
Established
2004
Company form
Limited company
Industry
  • Expand more icon11Manufacture of beverages

About MIRACLE BREWERIES A/S

MIRACLE BREWERIES A/S (CVR number: 27723748) is a company from SVENDBORG. The company recorded a gross profit of 15.7 kDKK in 2018. The operating profit was -243.3 kDKK, while net earnings were 333 kDKK. The profitability of the company measured by Return on Assets (ROA) was 45.2 %, which can be considered excellent and Return on Equity (ROE) was 50.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 0 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. MIRACLE BREWERIES A/S'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
201620172018
Volume
Net sales
Gross profit137.5492.2215.71
EBIT-46.05-97.37- 243.34
Net earnings-60.08- 296.35333.05
Shareholders equity total-36.69- 333.05
Balance sheet total (assets)936.99695.66613.28
Net debt864.92850.31- 178.10
Profitability
EBIT-%
ROA-4.7 %-9.7 %45.2 %
ROE-6.4 %-36.3 %50.9 %
ROI-4.8 %-10.0 %52.0 %
Economic value added (EVA)-35.92-62.82- 219.00
Solvency
Equity ratio-3.8 %-32.4 %
Gearing-2599.9 %-300.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.21.0
Current ratio0.40.21.0
Cash and cash equivalents89.03151.34603.28
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:45.2%
Rating: 92/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable

Companies in the same industry

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