VERDENS MINDSTE BUREAU A/S — Credit Rating and Financial Key Figures

CVR number: 20163887
Bakkevej 42 B, 2830 Virum
trine@i-n-c.dk
tel: 20748534

Credit rating

Company information

Official name
VERDENS MINDSTE BUREAU A/S
Established
1997
Company form
Limited company
Industry

About VERDENS MINDSTE BUREAU A/S

VERDENS MINDSTE BUREAU A/S (CVR number: 20163887) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 77 kDKK in 2023. The operating profit was 77 kDKK, while net earnings were 94.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak but Return on Equity (ROE) was 8.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 74.2 %, 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. VERDENS MINDSTE BUREAU A/S's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit84.2371.5880.2279.0576.99
EBIT84.2371.5880.2279.0576.99
Net earnings51.95- 406.1976.7153.6494.13
Shareholders equity total1 320.75914.56991.271 044.911 139.05
Balance sheet total (assets)2 044.981 603.511 579.511 538.071 535.96
Net debt573.03557.73437.53386.95291.56
Profitability
EBIT-%
ROA4.8 %24.6 %3.6 %4.8 %2.4 %
ROE4.0 %-36.3 %8.0 %5.3 %8.6 %
ROI4.8 %-16.5 %9.3 %6.8 %8.4 %
Economic value added (EVA)2.02-3.65-14.0512.999.87
Solvency
Equity ratio64.6 %57.0 %62.8 %67.9 %74.2 %
Gearing54.4 %73.2 %57.2 %45.1 %33.0 %
Relative net indebtedness %
Liquidity
Quick ratio3.00.91.00.70.8
Current ratio3.00.91.00.70.8
Cash and cash equivalents145.20111.72129.5183.9784.77
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:2.43%
Rating: 32/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.2%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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