MINDWORKING A/S — Credit Rating and Financial Key Figures

CVR number: 27489974
Værkmestergade 11, 8000 Aarhus C
finance@mindworking.dk
tel: 86139000
https://mindworking.eu/
Free credit report Annual report

Credit rating

Company information

Official name
MINDWORKING A/S
Personnel
51 persons
Established
2003
Company form
Limited company
Industry

About MINDWORKING A/S

MINDWORKING A/S (CVR number: 27489974) is a company from AARHUS. The company recorded a gross profit of 59.1 mDKK in 2024. The operating profit was 19.1 mDKK, while net earnings were 16.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 56.1 %, which can be considered excellent and Return on Equity (ROE) was 196.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 42.3 %, 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. MINDWORKING A/S's liquidity measured by quick ratio was 1.5 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit27 897.5146 489.8124 916.7443 524.6959 098.67
EBIT3 271.12-69 895.60-11 941.684 816.2619 108.49
Net earnings1 009.90-55 539.70-14 297.625 983.1416 252.74
Shareholders equity total19 668.958 461.50-5 836.13147.0216 399.75
Balance sheet total (assets)94 468.1125 856.8327 634.8429 556.8638 790.57
Net debt35 947.374 668.9511 171.1310 480.06-11 420.17
Profitability
EBIT-%
ROA3.5 %-116.2 %-40.2 %17.1 %56.1 %
ROE6.1 %-394.9 %-79.2 %43.1 %196.4 %
ROI3.9 %-143.7 %-67.6 %29.7 %99.7 %
Economic value added (EVA)-2 184.17-58 782.89-14 057.675 407.3016 294.36
Solvency
Equity ratio20.8 %32.8 %-17.4 %0.5 %42.3 %
Gearing213.9 %63.4 %-240.9 %10214.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.60.30.51.5
Current ratio0.20.60.30.51.5
Cash and cash equivalents6 121.00694.472 889.474 537.2511 420.17
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBB

Variable visualization

ROA:56.1%
Rating: 98/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.3%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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