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 506.9 kDKK in 2024. The operating profit was 452.6 kDKK, while net earnings were -94.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.6 %, which can be considered good but Return on Equity (ROE) was -3.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 62.8 %, 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 3.4 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 4 023.41 | 163.97 | -77.93 | - 301.52 | 506.92 |
EBIT | 3 818.24 | -25.38 | - 261.73 | - 484.53 | 452.64 |
Net earnings | 3 654.81 | - 140.76 | - 310.26 | - 540.30 | -94.37 |
Shareholders equity total | 4 062.03 | 3 921.27 | 3 411.00 | 2 670.70 | 2 376.34 |
Balance sheet total (assets) | 7 446.51 | 5 070.58 | 4 550.05 | 3 512.15 | 3 786.39 |
Net debt | 1 604.90 | 60.09 | 269.01 | 121.31 | -2 746.21 |
Profitability | |||||
EBIT-% | |||||
ROA | 70.6 % | -0.4 % | -5.4 % | -12.0 % | 12.6 % |
ROE | 163.6 % | -3.5 % | -8.5 % | -17.8 % | -3.7 % |
ROI | 99.6 % | -0.5 % | -6.8 % | -14.4 % | 14.3 % |
Economic value added (EVA) | 3 719.61 | - 312.43 | - 464.09 | - 671.75 | 170.25 |
Solvency | |||||
Equity ratio | 54.5 % | 77.3 % | 75.0 % | 76.0 % | 62.8 % |
Gearing | 40.6 % | 2.7 % | 9.2 % | 12.6 % | 28.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.9 | 3.1 | 2.9 | 2.9 | 3.4 |
Current ratio | 2.0 | 3.3 | 2.9 | 2.9 | 3.4 |
Cash and cash equivalents | 45.60 | 45.60 | 45.60 | 215.51 | 3 413.58 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BB | BBB |
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