MINERVAX ApS — Credit Rating and Financial Key Figures

MINERVAX ApS (CVR number: 32673287K) is a company from FREDERIKSBERG. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was -26.6 mDKK, while net earnings were -27.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was -39.7 %, which can be considered poor and Return on Equity (ROE) was -50.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 80 %, 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. MINERVAX ApS's liquidity measured by quick ratio was 15.8 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.