Kærvejens Mink ApS — Credit Rating and Financial Key Figures

CVR number: 37836249
Kærvej 2, Sdr Bork 6893 Hemmet

Credit rating

Company information

Official name
Kærvejens Mink ApS
Personnel
1 person
Established
2016
Domicile
Sdr Bork
Company form
Private limited company
Industry
  • Expand more icon01Crop and animal production, hunting and related service activities

About Kærvejens Mink ApS

Kærvejens Mink ApS (CVR number: 37836249) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 374.3 kDKK in 2023. The operating profit was -1604.3 kDKK, while net earnings were -1234.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7 %, which can be considered poor and Return on Equity (ROE) was -37.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 12.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Kærvejens Mink ApS's liquidity measured by quick ratio was 114.4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit1 055.386 624.25518.76- 302.21374.33
EBIT-2 135.183 954.60-1 633.12-2 168.50-1 604.25
Net earnings-1 821.042 681.40-1 875.47-1 926.73-1 234.84
Shareholders equity total5 659.408 340.806 465.333 881.702 646.86
Balance sheet total (assets)13 093.9317 840.308 161.1013 666.5621 523.61
Net debt6 973.619 145.73-4 094.60-1 339.88-1 633.44
Profitability
EBIT-%
ROA-16.3 %25.6 %-12.4 %-17.2 %-7.0 %
ROE-27.7 %38.3 %-25.3 %-37.2 %-37.8 %
ROI-17.0 %26.3 %-12.9 %-32.6 %-36.7 %
Economic value added (EVA)-2 053.622 764.60-2 154.02-2 238.33-1 759.71
Solvency
Equity ratio43.2 %46.8 %79.2 %28.4 %12.3 %
Gearing123.2 %109.7 %16.2 %3.0 %1.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.21.33.421.8114.4
Current ratio1.31.63.922.5114.5
Cash and cash equivalents5 144.271 455.081 679.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBB

Variable visualization

ROA:-6.97%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:12.3%
Rating: 12/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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