Minjiang Restaurant ApS — Credit Rating and Financial Key Figures

CVR number: 40383220
Strandvejen 35 C, 9000 Aalborg

Company information

Official name
Minjiang Restaurant ApS
Personnel
14 persons
Established
2019
Company form
Private limited company
Industry

About Minjiang Restaurant ApS

Minjiang Restaurant ApS (CVR number: 40383220) is a company from AALBORG. The company recorded a gross profit of 2016.1 kDKK in 2024. The operating profit was -253 kDKK, while net earnings were -331.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.9 %, which can be considered poor and Return on Equity (ROE) was -17.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -60.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Minjiang Restaurant ApS's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit911.851 239.211 378.011 596.132 016.14
EBIT- 981.16- 537.30- 236.42- 241.58- 253.00
Net earnings- 992.52- 545.07- 244.87- 250.76- 331.07
Shareholders equity total-1 173.42-1 718.49-1 963.36-2 214.12-2 545.19
Balance sheet total (assets)3 056.302 833.052 442.822 086.901 652.89
Net debt-99.38- 253.99- 196.732 659.292 732.25
Profitability
EBIT-%
ROA-23.9 %-12.2 %-5.3 %-5.5 %-5.9 %
ROE-29.0 %-18.5 %-9.3 %-11.1 %-17.7 %
ROI-26.5 %-13.5 %-5.8 %-7.0 %-8.6 %
Economic value added (EVA)- 978.00- 483.53- 154.50- 146.59- 290.36
Solvency
Equity ratio-27.7 %-37.8 %-44.6 %-51.5 %-60.6 %
Gearing-8.8 %-5.1 %-3.7 %-133.6 %-114.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.90.70.70.8
Current ratio0.71.00.80.81.0
Cash and cash equivalents202.73342.35269.78298.17186.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-5.95%
Rating: 14/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-60.6%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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