VANGHØJ MINK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About VANGHØJ MINK ApS
VANGHØJ MINK ApS (CVR number: 30690397) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of -301.5 kDKK in 2023. The operating profit was -484.5 kDKK, while net earnings were -540.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12 %, which can be considered poor and Return on Equity (ROE) was -17.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 76 %, 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. VANGHØJ MINK ApS's liquidity measured by quick ratio was 2.9 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 | - 106.91 | 4 023.41 | 163.97 | -77.93 | - 301.52 |
EBIT | - 311.21 | 3 818.24 | -25.38 | - 261.73 | - 484.53 |
Net earnings | - 489.17 | 3 654.81 | - 140.76 | - 310.26 | - 540.30 |
Shareholders equity total | 407.22 | 4 062.03 | 3 921.27 | 3 411.00 | 2 670.70 |
Balance sheet total (assets) | 3 368.30 | 7 446.51 | 5 070.58 | 4 550.05 | 3 512.15 |
Net debt | 1 507.81 | 1 604.90 | 60.09 | 269.01 | 121.31 |
Profitability | |||||
EBIT-% | |||||
ROA | -8.6 % | 70.6 % | -0.4 % | -5.4 % | -12.0 % |
ROE | -75.0 % | 163.6 % | -3.5 % | -8.5 % | -17.8 % |
ROI | -14.8 % | 99.6 % | -0.5 % | -6.8 % | -14.4 % |
Economic value added (EVA) | - 419.79 | 3 764.21 | - 247.36 | - 456.49 | - 653.64 |
Solvency | |||||
Equity ratio | 12.1 % | 54.5 % | 77.3 % | 75.0 % | 76.0 % |
Gearing | 381.5 % | 40.6 % | 2.7 % | 9.2 % | 12.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 1.9 | 3.1 | 2.9 | 2.9 |
Current ratio | 0.5 | 2.0 | 3.3 | 2.9 | 2.9 |
Cash and cash equivalents | 45.60 | 45.60 | 45.60 | 45.60 | 215.51 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BB |
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