Minaltan A/S — Credit Rating and Financial Key Figures

CVR number: 29813825
Nordre Fasanvej 39 B, 2000 Frederiksberg
tel: 86786666

Credit rating

Company information

Official name
Minaltan A/S
Personnel
97 persons
Established
2008
Company form
Limited company
Industry

About Minaltan A/S

Minaltan A/S (CVR number: 29813825) is a company from FREDERIKSBERG. The company recorded a gross profit of 69.2 mDKK in 2023. The operating profit was -6067.8 kDKK, while net earnings were -5238.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11.1 %, which can be considered poor and Return on Equity (ROE) was -38.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24.8 %, 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. Minaltan A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit55 548.0065 605.0067 686.0070 416.9369 191.70
EBIT7 281.0015 864.0010 469.00-3 705.17-6 067.78
Net earnings4 733.0011 301.007 078.00-3 732.79-5 238.17
Shareholders equity total17 562.0028 862.0019 934.0016 201.4610 963.29
Balance sheet total (assets)47 957.0058 817.0054 429.0056 724.1351 704.89
Net debt1 891.002 523.001 806.007 722.8816 776.83
Profitability
EBIT-%
ROA13.5 %28.0 %16.8 %-7.5 %-11.1 %
ROE31.1 %48.7 %29.0 %-20.7 %-38.6 %
ROI26.7 %47.3 %30.8 %-17.7 %-23.0 %
Economic value added (EVA)5 022.8311 535.186 860.94-3 825.88-5 541.99
Solvency
Equity ratio42.1 %53.9 %46.6 %38.6 %24.8 %
Gearing10.8 %8.7 %12.3 %47.7 %153.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.23.22.32.01.4
Current ratio1.72.41.51.31.2
Cash and cash equivalents1.00641.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAABBBBBB

Variable visualization

ROA:-11.1%
Rating: 9/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:24.8%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board
Board member

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