MINDSIDE ApS — Credit Rating and Financial Key Figures

CVR number: 31943116
Vesterbrogade 124 B, 1620 København V
jerk@privat.dk
tel: 28117575

Credit rating

Company information

Official name
MINDSIDE ApS
Established
2008
Company form
Private limited company
Industry
  • Expand more icon702000

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales100.0050.00150.00100.00100.00
Gross profit94.9041.88144.6094.2393.98
EBIT94.9041.88144.6094.2393.98
Net earnings60.3735.2751.7917.21-23.21
Shareholders equity total283.76319.02370.81388.02364.81
Balance sheet total (assets)574.53654.99672.04634.15615.12
Net debt- 199.53- 279.9941.4023.68-58.49
Profitability
EBIT-%94.9 %83.8 %96.4 %94.2 %94.0 %
ROA19.7 %9.5 %22.0 %14.6 %17.7 %
ROE23.8 %11.7 %15.0 %4.5 %-6.2 %
ROI43.0 %19.5 %29.8 %14.9 %18.1 %
Economic value added (EVA)86.8447.20129.3785.51103.83
Solvency
Equity ratio49.4 %48.7 %55.2 %61.2 %59.3 %
Gearing77.8 %60.0 %63.5 %
Relative net indebtedness %91.2 %112.0 %36.1 %37.0 %-39.8 %
Liquidity
Quick ratio0.70.81.01.11.4
Current ratio0.70.81.01.11.4
Cash and cash equivalents199.53279.99247.03209.15290.12
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-227.5 %-518.1 %-123.5 %-146.6 %-84.2 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:17.7%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.3%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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