MINDSIDE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MINDSIDE ApS
MINDSIDE ApS (CVR number: 31943116) is a company from KØBENHAVN. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a decline of 0 % compared to the previous year. The operating profit percentage was at 94 % (EBIT: 0.1 mDKK), while net earnings were -23.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.7 %, which can be considered excellent but Return on Equity (ROE) was -6.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 59.3 %, 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. MINDSIDE ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 100.00 | 50.00 | 150.00 | 100.00 | 100.00 |
Gross profit | 94.90 | 41.88 | 144.60 | 94.23 | 93.98 |
EBIT | 94.90 | 41.88 | 144.60 | 94.23 | 93.98 |
Net earnings | 60.37 | 35.27 | 51.79 | 17.21 | -23.21 |
Shareholders equity total | 283.76 | 319.02 | 370.81 | 388.02 | 364.81 |
Balance sheet total (assets) | 574.53 | 654.99 | 672.04 | 634.15 | 615.12 |
Net debt | - 199.53 | - 279.99 | 41.40 | 23.68 | -58.49 |
Profitability | |||||
EBIT-% | 94.9 % | 83.8 % | 96.4 % | 94.2 % | 94.0 % |
ROA | 19.7 % | 9.5 % | 22.0 % | 14.6 % | 17.7 % |
ROE | 23.8 % | 11.7 % | 15.0 % | 4.5 % | -6.2 % |
ROI | 43.0 % | 19.5 % | 29.8 % | 14.9 % | 18.1 % |
Economic value added (EVA) | 86.84 | 47.20 | 129.37 | 85.51 | 103.83 |
Solvency | |||||
Equity ratio | 49.4 % | 48.7 % | 55.2 % | 61.2 % | 59.3 % |
Gearing | 77.8 % | 60.0 % | 63.5 % | ||
Relative net indebtedness % | 91.2 % | 112.0 % | 36.1 % | 37.0 % | -39.8 % |
Liquidity | |||||
Quick ratio | 0.7 | 0.8 | 1.0 | 1.1 | 1.4 |
Current ratio | 0.7 | 0.8 | 1.0 | 1.1 | 1.4 |
Cash and cash equivalents | 199.53 | 279.99 | 247.03 | 209.15 | 290.12 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -227.5 % | -518.1 % | -123.5 % | -146.6 % | -84.2 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
Variable visualization
Companies in the same industry
Create your own estimates for any company
Valuation analysis
See instructions

... and more!
No registration needed.