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Mink 2018 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Mink 2018 ApS
Mink 2018 ApS (CVR number: 40110410) is a company from HJØRRING. The company recorded a gross profit of 405.7 kDKK in 2025. The operating profit was -152.4 kDKK, while net earnings were -1251.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.1 %, which can be considered poor and Return on Equity (ROE) was -25.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 67.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Mink 2018 ApS's liquidity measured by quick ratio was 5.7 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -1 268.50 | 171.52 | 128.39 | 67.92 | 405.73 |
| EBIT | -1 961.84 | - 454.93 | - 403.77 | - 474.47 | - 152.42 |
| Net earnings | -1 643.86 | - 496.78 | - 340.58 | - 408.87 | -1 251.16 |
| Shareholders equity total | 6 731.24 | 6 234.46 | 5 893.88 | 5 485.01 | 4 233.85 |
| Balance sheet total (assets) | 8 823.32 | 7 480.61 | 7 079.82 | 6 697.74 | 6 300.00 |
| Net debt | -1 380.67 | - 136.05 | 1 049.00 | 149.63 | 264.87 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -16.9 % | -5.4 % | -5.0 % | -6.4 % | -2.1 % |
| ROE | -21.8 % | -7.7 % | -5.6 % | -7.2 % | -25.7 % |
| ROI | -23.9 % | -6.3 % | -5.2 % | -6.9 % | -2.4 % |
| Economic value added (EVA) | -1 978.46 | - 811.23 | - 652.16 | - 724.18 | - 403.24 |
| Solvency | |||||
| Equity ratio | 76.3 % | 83.3 % | 83.2 % | 81.9 % | 67.2 % |
| Gearing | 19.5 % | 7.0 % | 7.5 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 5.0 | 7.9 | 7.4 | 6.3 | 5.7 |
| Current ratio | 5.2 | 8.1 | 7.4 | 6.3 | 5.7 |
| Cash and cash equivalents | 1 380.67 | 136.05 | 100.26 | 236.44 | 52.87 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BBB | BBB | BBB | BBB |
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