Mini Nordic ApS — Credit Rating and Financial Key Figures

Mini Nordic ApS (CVR number: 39238306) is a company from KØBENHAVN. The company recorded a gross profit of -344.5 kDKK in 2020. The operating profit was -368 kDKK, while net earnings were -0.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.9 %, which can be considered excellent but Return on Equity (ROE) was -7.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 0 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Mini Nordic ApS's liquidity measured by quick ratio was 1 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.