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MIND CONNECTION ApS — Credit Rating and Financial Key Figures

CVR number: 31275083
Højbro Plads 10, 1200 København K
ck@mindconnection.dk
tel: 51238330
www.mindconnection.dk
Free credit report Annual report

Company information

Official name
MIND CONNECTION ApS
Personnel
1 person
Established
2008
Company form
Private limited company
Industry

About MIND CONNECTION ApS

MIND CONNECTION ApS (CVR number: 31275083) is a company from KØBENHAVN. The company recorded a gross profit of 3.8 kDKK in 2024. The operating profit was -12.5 kDKK, while net earnings were -23.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.3 %, which can be considered poor and Return on Equity (ROE) was -56.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -83.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. MIND CONNECTION ApS's liquidity measured by quick ratio was 2.4 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 profit197.93111.06-3.9547.123.83
EBIT76.34- 118.20-55.31-6.20-12.47
Net earnings51.95- 100.12-92.00-18.67-23.27
Shareholders equity total93.51-6.61-98.61- 117.28- 140.55
Balance sheet total (assets)348.50179.9067.3953.6128.54
Net debt- 117.3160.22114.4497.99130.67
Profitability
EBIT-%
ROA25.0 %-44.2 %-31.4 %-3.7 %-7.3 %
ROE76.9 %-73.2 %-74.4 %-30.9 %-56.7 %
ROI31.5 %-57.0 %-37.0 %-4.2 %-8.1 %
Economic value added (EVA)47.65- 105.88-86.26-8.56-14.07
Solvency
Equity ratio26.8 %-3.5 %-59.4 %-68.6 %-83.1 %
Gearing179.5 %-2322.8 %-147.5 %-127.1 %-111.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.30.81.92.32.4
Current ratio1.30.92.32.32.4
Cash and cash equivalents285.1293.3931.0551.1126.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBCBBB

Variable visualization

ROA:-7.34%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-83.1%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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