ØRUM MINKFARM HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ØRUM MINKFARM HOLDING ApS
ØRUM MINKFARM HOLDING ApS (CVR number: 20223030) is a company from HEDENSTED. The company recorded a gross profit of -17.2 kDKK in 2023. The operating profit was -17.2 kDKK, while net earnings were -961.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.3 %, which can be considered poor and Return on Equity (ROE) was -27.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 23.2 %, 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. ØRUM MINKFARM HOLDING ApS's liquidity measured by quick ratio was 3.2 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -7.03 | -7.97 | -10.03 | -13.75 | -17.25 |
EBIT | -7.03 | -7.97 | -10.03 | -13.75 | -17.25 |
Net earnings | -1 054.82 | - 838.96 | 4 783.97 | -1 042.91 | - 961.18 |
Shareholders equity total | 1 059.83 | 220.87 | 5 004.83 | 3 961.92 | 3 000.74 |
Balance sheet total (assets) | 1 068.63 | 6 065.74 | 12 094.89 | 12 558.57 | 12 953.31 |
Net debt | -0.77 | -5 867.34 | -8 292.52 | -7 840.58 | -8 070.66 |
Profitability | |||||
EBIT-% | |||||
ROA | -66.1 % | -23.3 % | 58.3 % | -4.0 % | -4.3 % |
ROE | -66.5 % | -131.0 % | 183.1 % | -23.3 % | -27.6 % |
ROI | -66.5 % | -23.4 % | 60.1 % | -4.1 % | -4.5 % |
Economic value added (EVA) | - 113.29 | -62.03 | -18.92 | - 262.52 | - 300.06 |
Solvency | |||||
Equity ratio | 99.2 % | 3.6 % | 41.4 % | 31.5 % | 23.2 % |
Gearing | 42.2 % | 92.1 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 23.3 | 407.8 | 16.6 | 4.8 | 3.2 |
Current ratio | 23.3 | 407.8 | 16.6 | 4.8 | 3.2 |
Cash and cash equivalents | 0.77 | 5 867.34 | 8 292.52 | 9 513.03 | 10 835.84 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | A | BBB | BBB |
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