MINERVAX ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MINERVAX ApS
MINERVAX ApS (CVR number: 32673287) is a company from FREDERIKSBERG. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was -196.4 mDKK, while net earnings were -198.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was -40.1 %, which can be considered poor and Return on Equity (ROE) was -49.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 80.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MINERVAX ApS's liquidity measured by quick ratio was 18.1 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | |||||
EBIT | -24 795.63 | -14 762.30 | -62 328.99 | - 110 761.00 | - 196 448.00 |
Net earnings | -24 795.63 | -14 762.30 | -61 922.78 | - 117 287.00 | - 198 898.00 |
Shareholders equity total | -29 683.66 | 160 740.48 | 98 662.95 | 301 052.00 | 503 956.00 |
Balance sheet total (assets) | 21 493.71 | 170 286.23 | 112 669.55 | 310 823.00 | 623 542.00 |
Net debt | -15 599.38 | - 157 935.47 | -95 788.23 | - 303 248.00 | - 510 125.00 |
Profitability | |||||
EBIT-% | |||||
ROA | -66.5 % | -13.3 % | -43.8 % | -52.0 % | -40.1 % |
ROE | -18.4 % | -47.7 % | -58.7 % | -49.4 % | |
ROI | -123.8 % | -8.4 % | -22.8 % | -43.6 % | -41.9 % |
Economic value added (EVA) | -23 585.92 | -12 300.94 | -61 968.44 | - 115 853.47 | - 186 279.70 |
Solvency | |||||
Equity ratio | -100.0 % | 50.0 % | 50.0 % | 92.8 % | 80.8 % |
Gearing | 1.6 % | 17.6 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | -1.1 | -1.1 | 18.2 | 18.1 |
Current ratio | 0.7 | -1.1 | -1.1 | 18.2 | 18.1 |
Cash and cash equivalents | 15 599.38 | 157 935.47 | 95 788.23 | 307 928.00 | 598 600.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BBB | BBB |
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