Christian Mink Services ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Christian Mink Services ApS
Christian Mink Services ApS (CVR number: 39101254) is a company from HJØRRING. The company recorded a gross profit of -332 kDKK in 2021. The operating profit was -535.4 kDKK, while net earnings were -674.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5 %, which can be considered poor and Return on Equity (ROE) was -14.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 54.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Christian Mink Services ApS's liquidity measured by quick ratio was 1.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 1 164.02 | 1 813.52 | 13 272.90 | - 331.99 | |
| EBIT | 239.14 | -38.89 | 6 128.30 | - 535.43 | |
| Net earnings | 183.86 | -36.71 | 4 770.65 | - 674.58 | |
| Shareholders equity total | 183.86 | 147.15 | 4 917.80 | 4 243.21 | |
| Balance sheet total (assets) | 468.60 | 1 005.78 | 13 731.38 | 7 821.92 | |
| Net debt | - 417.87 | - 901.20 | -13 429.61 | -1 374.29 | |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 51.0 % | -5.3 % | 83.2 % | -5.0 % | |
| ROE | 100.0 % | -22.2 % | 188.4 % | -14.7 % | |
| ROI | 129.2 % | -23.4 % | 229.6 % | -10.9 % | |
| Economic value added (EVA) | 184.02 | -18.88 | 4 819.98 | -94.98 | |
| Solvency | |||||
| Equity ratio | 39.2 % | 14.6 % | 35.8 % | 54.2 % | |
| Gearing | 0.7 % | 5.6 % | 9.4 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.6 | 1.2 | 1.6 | 1.5 | |
| Current ratio | 1.6 | 1.2 | 1.6 | 2.2 | |
| Cash and cash equivalents | 419.13 | 901.20 | 13 703.68 | 1 774.56 | |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | B | BBB | BB | BBB | B |
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