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Analyst: XBRLDenmark
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Bankruptcy Risk 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Bankruptcy risk for industry  5.5% 5.5% 5.5% 5.5% 5.5%  
Bankruptcy risk  3.5% 3.4% 14.6% 23.1% 13.0%  
Credit score (0-100)  54 54 13 3 13  
Credit rating  BB BB B C B  
Credit limit (kDKK)  0.0 0.0 0.0 -0.0 -0.0  

How are these values calculated?
 
View the automatically generated explanation of bankruptcy risk

Income statement (kDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  0 0 0 0 0  
Gross profit  843 1,247 1,328 1,076 1,372  
EBITDA  241 186 -476 -325 4.2  
EBIT  222 167 -484 -333 -12.5  
Pre-tax profit (PTP)  211.0 143.0 -529.0 -400.0 -59.0  
Net earnings  165.0 110.0 -413.0 -400.0 -59.0  
Pre-tax profit without non-rec. items  211 143 -529 -400 -59.0  

 
See the entire income statement

Balance sheet (kDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Tangible assets total  222 174 126 77.0 86.9  
Shareholders equity total  304 303 -110 -510 -569  
Interest-bearing liabilities  59.0 60.0 277 410 539  
Balance sheet total (assets)  895 989 748 484 464  

Net Debt  -405 -319 154 272 463  
 
See the entire balance sheet

Volume 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  0 0 0 0 0  
Net sales growth  0.0% 0.0% 0.0% 0.0% 0.0%  
Gross profit  843 1,247 1,328 1,076 1,372  
Gross profit growth  89.4% 47.9% 6.5% -19.0% 27.5%  
Employees  3 3 7 4 4  
Employee growth %  200.0% 0.0% 133.3% -42.9% 0.0%  
Employee expenses  0.0 0.0 0.0 0.0 0.0  
Balance sheet total (assets)  895 989 748 484 464  
Balance sheet change%  160.9% 10.5% -24.4% -35.3% -4.2%  
Added value  241.0 186.0 -476.0 -325.0 4.2  
Added value %  0.0% 0.0% 0.0% 0.0% 0.0%  
Investments  140 -77 -56 -57 -7  

Net sales trend  0.0 0.0 0.0 0.0 0.0  
EBIT trend  3.0 4.0 -1.0 -2.0 -3.0  

Profitability 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
EBITDA %  0.0% 0.0% 0.0% 0.0% 0.0%  
EBIT %  0.0% 0.0% 0.0% 0.0% 0.0%  
EBIT to gross profit (%)  26.3% 13.4% -36.4% -30.9% -0.9%  
Net Earnings %  0.0% 0.0% 0.0% 0.0% 0.0%  
Profit before depreciation and extraordinary items %  0.0% 0.0% 0.0% 0.0% 0.0%  
Pre tax profit less extraordinaries %  0.0% 0.0% 0.0% 0.0% 0.0%  
ROA %  35.9% 17.7% -52.4% -36.0% -1.2%  
ROI %  78.0% 45.1% -149.6% -96.9% -2.6%  
ROE %  74.5% 36.2% -78.6% -64.9% -12.4%  

Solidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Equity ratio %  34.0% 30.6% -12.8% -51.3% -55.1%  
Relative indebtedness %  0.0% 0.0% 0.0% 0.0% 0.0%  
Relative net indebtedness %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net int. bear. debt to EBITDA, %  -168.0% -171.5% -32.4% -83.7% 10,995.3%  
Gearing %  19.4% 19.8% -251.8% -80.4% -94.6%  
Net interest  0 0 0 0 0  
Financing costs %  18.8% 40.3% 26.7% 19.5% 9.8%  

Liquidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Quick Ratio  0.9 0.8 0.4 0.3 0.2  
Current Ratio  1.1 1.1 0.6 0.4 0.3  
Cash and cash equivalent  464.0 379.0 123.0 138.0 75.7  

Capital use efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Trade debtors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Trade creditors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Current assets / Net sales %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net working capital  55.0 37.0 -335.0 -611.0 -680.1  
Net working capital %  0.0% 0.0% 0.0% 0.0% 0.0%  

Employee efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Net sales / employee  0 0 0 0 0  
Added value / employee  80 62 -68 -81 1  
Employee expenses / employee  0 0 0 0 0  
EBITDA / employee  80 62 -68 -81 1  
EBIT / employee  74 56 -69 -83 -3  
Net earnings / employee  55 37 -59 -100 -15