MINGO GROUP ApS

CVR number: 35229124
Nordkrog 10, 2900 Hellerup
vibeke@windelov.com

Credit rating

Company information

Official name
MINGO GROUP ApS
Established
2013
Company form
Private limited company
Industry
  • Expand more icon74Other professional, scientific and technical activities

About MINGO GROUP ApS

MINGO GROUP ApS (CVR number: 35229124) is a company from KØBENHAVN. The company recorded a gross profit of 20.1 kDKK in 2023. The operating profit was 20.1 kDKK, while net earnings were 16.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.8 %, which can be considered good but Return on Equity (ROE) was 37.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. MINGO GROUP ApS's liquidity measured by quick ratio was 1.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit30.83-24.81-11.60135.9320.06
EBIT-11.24-24.91-11.60135.9320.06
Net earnings-15.31-26.47-13.44133.2316.79
Shareholders equity total-56.66-83.13-96.5736.6753.45
Balance sheet total (assets)101.7287.5881.02162.56151.29
Net debt90.25120.53129.77-34.54-1.20
Profitability
EBIT-%
ROA-3.8 %-15.1 %-6.7 %79.9 %12.8 %
ROE-6.2 %-28.0 %-15.9 %226.4 %37.3 %
ROI-15.1 %-15.9 %-7.0 %95.4 %15.6 %
Economic value added (EVA)3.04-17.46-3.59144.3325.67
Solvency
Equity ratio-35.8 %-48.7 %-54.4 %22.6 %35.3 %
Gearing-262.8 %-196.9 %-173.4 %220.4 %161.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.30.31.01.2
Current ratio0.40.30.31.01.2
Cash and cash equivalents58.6643.1737.69115.3487.42
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:12.8%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:35.3%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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