MIND GROUP A/S — Credit Rating and Financial Key Figures

CVR number: 30579690
Åboulevarden 31, 8000 Aarhus C
info@mindgroup.dk
tel: 78717100
www.mind.as

Credit rating

Company information

Official name
MIND GROUP A/S
Personnel
5 persons
Established
2007
Company form
Limited company
Industry

About MIND GROUP A/S

MIND GROUP A/S (CVR number: 30579690) is a company from AARHUS. The company recorded a gross profit of 4151 kDKK in 2022. The operating profit was 311.1 kDKK, while net earnings were 234.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.5 %, which can be considered excellent and Return on Equity (ROE) was 57.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 44.8 %, 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. MIND GROUP A/S's liquidity measured by quick ratio was 2.1 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
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit5 322.525 214.302 907.483 945.054 151.03
EBIT- 616.77- 499.70- 158.38445.25311.11
Net earnings- 493.13- 404.74- 135.80339.29234.61
Shareholders equity total494.2689.52-46.27293.02527.63
Balance sheet total (assets)2 084.961 788.371 553.261 495.381 177.89
Net debt- 250.98559.70- 418.31-16.15- 551.86
Profitability
EBIT-%
ROA-24.4 %-25.8 %-8.8 %28.8 %23.5 %
ROE-66.6 %-138.7 %-16.5 %36.8 %57.2 %
ROI-70.5 %-74.8 %-29.9 %116.5 %48.6 %
Economic value added (EVA)- 501.02- 398.72- 128.27373.04232.24
Solvency
Equity ratio23.7 %5.0 %-2.9 %19.6 %44.8 %
Gearing14.2 %635.9 %-107.5 %25.9 %8.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.20.91.22.1
Current ratio1.11.20.91.22.1
Cash and cash equivalents321.279.57468.0591.90595.45
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:23.5%
Rating: 79/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:44.8%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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