Miracle Breweries A/S is a Danish A/S based in Vejstrup, operating in the Manufacture of beer sector. Incorporated in 2004, the company reported a gross profit of DKK 15.7k in its latest annual filing.
| Gross profit | 15.7K DKK | -83% |
| EBITDA | -125.9K DKK | -200% |
| Net profit | 333K DKK | +212% |
| Total assets | 613.3K DKK | -12% |
| Equity | 0K DKK | +100% |
| Employees | — | — |
In its most recent annual report (2019), Miracle Breweries A/S reported a gross profit of DKK 15.7k, a decrease of 83% on the year before. The figures on this page draw on 5 annual filings covering 2015 to 2019. The bottom line showed a net profit of DKK 333.0k, and the EBITDA margin stood at -801.3%.
At the end of 2019, equity financed 0% of the balance sheet, and current assets covered short-term debt 1 times.
| Item | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|
| Gross profit | 16 | 92 | 138 | 241 | 275 |
| Staff expenses | -0 | -0 | -0 | -0 | -0 |
| EBITDA | -126 | -42 | 9 | 112 | 145 |
| Depreciation & amort. | -117 | -55 | -55 | -54 | -65 |
| EBIT | -243 | -97 | -46 | 58 | 81 |
| Net financials | 576 | -48 | -31 | -59 | -59 |
| Profit before tax | 333 | -146 | -43 | -1 | 21 |
| Tax | -0 | 151 | 17 | 0 | 14 |
| Net profit | 333 | -296 | -60 | -1 | 7 |
| Item | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|
| Total assets | 613 | 696 | 937 | 1,060 | 1,235 |
| Equity | 0 | -333 | -37 | 23 | 24 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 |
| Short-term debt | 613 | 1,029 | 974 | 1,037 | 1,211 |
| Total debt | 613 | 1,029 | 974 | 1,037 | 1,211 |
28 financial ratios from the latest filing, each graded against companies in the same industry.
Net profit as a percentage of total assets — the return generated on the capital employed.
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.
The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.
EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.
Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.
Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA relative to debt — how much operating earnings are available to service the debt.
The ability to pay the interest on the company's debt out of its earnings.
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
The size of this year's increase or decrease in the company's debt.
Revenue relative to total assets — the ability to generate revenue from the asset base.
Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.
The size of this year's increase or decrease in the company's equity.
| Name | Role | Member since |
|---|
LN Liquidator | Liquidator | 2018 – 2020 |
JV Founder | Founder | 2004 – 2020 |
ML Management | Management | 2004 – 2015 |
LC Management | Management | 2004 – 2018 |
| Name | Role | Member since |
|---|
ME Board of Directors | Board of Directors | 2013 – 2018 |
JE Board of Directors | Board of Directors | 2004 – 2018 |
KB Board of Directors | Board of Directors | 2008 – 2012 |
JV Chairman | Chairman | 2012 – 2018 |
AN Board of Directors | Board of Directors | 2004 – 2018 |
ML Board of Directors | Board of Directors | 2004 – 2013 |
LC Board of Directors | Board of Directors | 2004 – 2018 |
| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 5–9.99% | 5–9.99% | 2004 | |
| Company | 33.33–49.99% | 33.33–49.99% | 2004 | |
| Company | 15–19.99% | 15–19.99% | 2015 | |
| Individual | 5–9.99% | 5–9.99% | 2004 | |
| Company | 15–19.99% | 15–19.99% | 2015 | |
| Company | 33.33–49.99% | 33.33–49.99% | 2004 |
| Person | Role here | Other companies |
|---|---|---|
| Lau Normann | Liquidator | 4 companies |
| Lasse Christensen | Management | 4 companies |
| Mogens Langballe Nørgaard | Management | 1 company |
| Karina Bjerregaard | Board of Directors | 1 company |
| Anette Nørgaard | Board of Directors | 1 company |