MINESTRA ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MINESTRA ApS
MINESTRA ApS (CVR number: 29616426) is a company from AARHUS. The company reported a net sales of 0 mDKK in 2021, demonstrating a decline of -87.4 % compared to the previous year. The operating profit percentage was at 29 % (EBIT: 0 mDKK), while net earnings were 0.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak and Return on Equity (ROE) was 0.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 67.3 %, 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. MINESTRA ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 199.33 | 55.06 | -21.71 | 62.68 | 7.92 |
Gross profit | 194.33 | 50.06 | -27.51 | 57.06 | 2.30 |
EBIT | 194.33 | 50.06 | -27.51 | 57.06 | 2.30 |
Net earnings | 186.70 | 40.12 | -32.59 | 65.50 | 0.91 |
Shareholders equity total | 109.21 | 149.32 | 116.74 | 182.24 | 183.15 |
Balance sheet total (assets) | 479.00 | 432.13 | 314.70 | 333.57 | 272.14 |
Net debt | 278.38 | 135.05 | 83.84 | 104.80 | 13.24 |
Profitability | |||||
EBIT-% | 97.5 % | 90.9 % | 91.0 % | 29.0 % | |
ROA | 44.6 % | 11.0 % | -6.7 % | 18.5 % | 0.8 % |
ROE | 88.0 % | 31.0 % | -24.5 % | 43.8 % | 0.5 % |
ROI | 47.1 % | 11.1 % | -6.8 % | 18.8 % | 0.8 % |
Economic value added (EVA) | 219.25 | 69.40 | -18.04 | 74.37 | 9.40 |
Solvency | |||||
Equity ratio | 22.8 % | 34.6 % | 37.1 % | 54.6 % | 67.3 % |
Gearing | 334.0 % | 186.0 % | 165.3 % | 80.3 % | 45.9 % |
Relative net indebtedness % | 142.2 % | 254.4 % | -409.3 % | 175.2 % | 230.2 % |
Liquidity | |||||
Quick ratio | 0.4 | 0.9 | 1.1 | 1.1 | 1.1 |
Current ratio | 0.4 | 0.9 | 1.1 | 1.1 | 1.1 |
Cash and cash equivalents | 86.42 | 142.76 | 109.12 | 41.53 | 70.75 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -107.9 % | -55.8 % | -61.9 % | 25.9 % | 116.7 % |
Credit risk | |||||
Credit rating | BBB | BBB | BB | BBB | BBB |
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