STRONG MIND ApS — Credit Rating and Financial Key Figures

CVR number: 27352502
Solbakken 13, 4300 Holbæk
kontakt@strongmind.dk
tel: 70275097
www.strongmind.dk

Credit rating

Company information

Official name
STRONG MIND ApS
Personnel
2 persons
Established
2003
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 457.28794.17654.52749.09830.76
EBIT221.6724.0666.6526.18-29.81
Net earnings203.4453.5446.2795.2394.79
Shareholders equity total1 098.721 152.261 198.531 293.761 388.55
Balance sheet total (assets)1 985.133 421.743 738.433 265.673 290.87
Net debt-87.90- 251.89- 516.72- 295.52- 190.47
Profitability
EBIT-%
ROA7.3 %3.3 %1.9 %3.6 %3.7 %
ROE20.4 %4.8 %3.9 %7.6 %7.1 %
ROI26.5 %7.9 %5.7 %10.2 %9.1 %
Economic value added (EVA)149.41-34.995.22-14.16-73.30
Solvency
Equity ratio55.3 %33.7 %32.1 %39.6 %42.2 %
Gearing0.5 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.21.51.51.71.7
Current ratio2.21.51.51.71.7
Cash and cash equivalents93.00251.89516.72295.52190.93
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:3.73%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.2%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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