VOLBÆK MINKFARM ApS — Credit Rating and Financial Key Figures

CVR number: 31606802
Kirkegade 2, 9600 Aars

Credit rating

Company information

Official name
VOLBÆK MINKFARM ApS
Personnel
1 person
Established
2008
Company form
Private limited company
Industry
  • Expand more icon01Crop and animal production, hunting and related service activities

About VOLBÆK MINKFARM ApS

VOLBÆK MINKFARM ApS (CVR number: 31606802) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 5426.1 kDKK in 2023. The operating profit was 5410 kDKK, while net earnings were 6115.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 36.1 %, which can be considered excellent and Return on Equity (ROE) was 37.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 92.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VOLBÆK MINKFARM ApS's liquidity measured by quick ratio was 24.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit- 231.80- 702.499 361.677 742.655 426.07
EBIT-2 971.64-2 638.368 554.717 740.465 410.02
Net earnings-2 564.47-2 271.556 546.627 440.526 115.79
Shareholders equity total11 406.049 134.4915 681.1016 621.6315 737.42
Balance sheet total (assets)21 191.6819 164.7619 010.3519 669.4916 937.13
Net debt7 750.745 895.84621.33-98.01-12.87
Profitability
EBIT-%
ROA-13.5 %-12.8 %45.1 %42.1 %36.1 %
ROE-20.2 %-22.1 %52.8 %46.1 %37.8 %
ROI-14.2 %-13.7 %47.4 %45.0 %38.8 %
Economic value added (EVA)-3 051.21-2 644.756 296.656 375.224 504.88
Solvency
Equity ratio53.8 %47.7 %82.5 %84.5 %92.9 %
Gearing71.8 %93.0 %4.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.518.54.824.8
Current ratio1.51.325.55.926.2
Cash and cash equivalents443.812 598.2453.9998.0112.87
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:36.1%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.9%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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