STRONG MIND ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About STRONG MIND ApS
STRONG MIND ApS (CVR number: 27352502) is a company from HOLBÆK. The company recorded a gross profit of 830.8 kDKK in 2023. The operating profit was -29.8 kDKK, while net earnings were 94.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.7 %, which can be considered weak but Return on Equity (ROE) was 7.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 42.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. STRONG MIND ApS's liquidity measured by quick ratio was 1.7 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 | 1 457.28 | 794.17 | 654.52 | 749.09 | 830.76 |
EBIT | 221.67 | 24.06 | 66.65 | 26.18 | -29.81 |
Net earnings | 203.44 | 53.54 | 46.27 | 95.23 | 94.79 |
Shareholders equity total | 1 098.72 | 1 152.26 | 1 198.53 | 1 293.76 | 1 388.55 |
Balance sheet total (assets) | 1 985.13 | 3 421.74 | 3 738.43 | 3 265.67 | 3 290.87 |
Net debt | -87.90 | - 251.89 | - 516.72 | - 295.52 | - 190.47 |
Profitability | |||||
EBIT-% | |||||
ROA | 7.3 % | 3.3 % | 1.9 % | 3.6 % | 3.7 % |
ROE | 20.4 % | 4.8 % | 3.9 % | 7.6 % | 7.1 % |
ROI | 26.5 % | 7.9 % | 5.7 % | 10.2 % | 9.1 % |
Economic value added (EVA) | 149.41 | -34.99 | 5.22 | -14.16 | -73.30 |
Solvency | |||||
Equity ratio | 55.3 % | 33.7 % | 32.1 % | 39.6 % | 42.2 % |
Gearing | 0.5 % | 0.0 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.2 | 1.5 | 1.5 | 1.7 | 1.7 |
Current ratio | 2.2 | 1.5 | 1.5 | 1.7 | 1.7 |
Cash and cash equivalents | 93.00 | 251.89 | 516.72 | 295.52 | 190.93 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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