Minde ApS — Credit Rating and Financial Key Figures

CVR number: 39080214
Kongensgade 13, 5960 Marstal
deerdrop@live.dk

Credit rating

Company information

Official name
Minde ApS
Personnel
6 persons
Established
2017
Company form
Private limited company
Industry

About Minde ApS

Minde ApS (CVR number: 39080214) is a company from ÆRØ. The company recorded a gross profit of 730.1 kDKK in 2023. The operating profit was 172.4 kDKK, while net earnings were 31.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.7 %, which can be considered weak and Return on Equity (ROE) was 3.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 40.5 %, 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. Minde ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales2 024.721 791.171 844.43
Gross profit586.48741.26972.94903.00730.12
EBIT29.27113.92363.35-86.00172.43
Net earnings20.691.39237.84- 137.0031.66
Shareholders equity total85.40841.121 055.12916.00948.24
Balance sheet total (assets)327.772 460.382 722.652 352.002 343.74
Net debt- 282.571 221.86843.431 093.00951.97
Profitability
EBIT-%1.4 %6.4 %19.7 %
ROA10.5 %11.9 %14.0 %-3.4 %3.7 %
ROE27.4 %0.3 %25.1 %-13.9 %3.4 %
ROI38.8 %5.3 %15.7 %-3.8 %4.1 %
Economic value added (EVA)28.50124.56181.74- 180.5374.04
Solvency
Equity ratio26.1 %34.2 %38.8 %38.9 %40.5 %
Gearing167.1 %125.3 %135.0 %122.3 %
Relative net indebtedness %-2.0 %80.2 %64.5 %
Liquidity
Quick ratio1.21.01.50.90.9
Current ratio1.41.21.61.21.0
Cash and cash equivalents282.57183.24478.62144.00207.69
Capital use efficiency
Trade debtors turnover (days)1.0
Net working capital %4.2 %2.4 %11.9 %
Credit risk
Credit ratingBBBBBABBBBBB

Variable visualization

ROA:3.71%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.5%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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