MINOVE Ejendomsholding ApS — Credit Rating and Financial Key Figures

CVR number: 36974834
Østre Havnevej 2, 5700 Svendborg
mv@borch-advokater.dk

Credit rating

Company information

Official name
MINOVE Ejendomsholding ApS
Established
2015
Company form
Private limited company
Industry

About MINOVE Ejendomsholding ApS

MINOVE Ejendomsholding ApS (CVR number: 36974834) is a company from SVENDBORG. The company recorded a gross profit of -10.2 kDKK in 2024. The operating profit was -10.2 kDKK, while net earnings were -374.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.9 %, which can be considered poor and Return on Equity (ROE) was -2.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 63.5 %, 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. MINOVE Ejendomsholding ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-8.61-14.25-23.09-11.30-10.18
EBIT-8.61-14.25-23.09-11.30-10.18
Net earnings575.392 322.662 664.59-2 284.15- 374.84
Shareholders equity total10 270.1712 592.8215 257.4112 973.2612 598.42
Balance sheet total (assets)13 515.7417 259.9320 803.8919 704.6519 834.73
Net debt- 227.86-17.32- 357.52- 131.26-51.31
Profitability
EBIT-%
ROA4.7 %15.4 %14.3 %-10.4 %-0.9 %
ROE5.8 %20.3 %19.1 %-16.2 %-2.9 %
ROI6.0 %20.7 %19.5 %-14.9 %-1.3 %
Economic value added (EVA)410.25439.09439.10565.74611.83
Solvency
Equity ratio76.0 %73.0 %73.3 %65.8 %63.5 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio0.30.50.60.10.0
Current ratio0.30.50.60.10.0
Cash and cash equivalents227.8617.32357.52131.2651.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:-0.86%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:63.5%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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