ConnectMinds ApS — Credit Rating and Financial Key Figures

CVR number: 38227890
Engmarken 3, 2770 Kastrup
finance@weconnectminds.com
tel: 29701500
www.weconnectminds.com

Company information

Official name
ConnectMinds ApS
Personnel
1 person
Established
2016
Company form
Private limited company
Industry

About ConnectMinds ApS

ConnectMinds ApS (CVR number: 38227890) is a company from TÅRNBY. The company recorded a gross profit of 237 kDKK in 2022. The operating profit was -224.3 kDKK, while net earnings were -159 kDKK. The profitability of the company measured by Return on Assets (ROA) was -48.9 %, which can be considered poor and Return on Equity (ROE) was -61.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -39.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. ConnectMinds ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit3 346.682 849.621 887.74486.83237.03
EBIT674.02-76.10- 141.98- 345.51- 224.26
Net earnings500.66-79.07- 147.29- 366.19- 159.04
Shareholders equity total311.71232.6485.36- 280.84- 108.88
Balance sheet total (assets)2 801.831 988.021 223.23346.77166.83
Net debt- 882.42108.93419.06422.95199.98
Profitability
EBIT-%
ROA22.9 %-2.1 %-8.2 %-36.8 %-48.9 %
ROE29.1 %-29.0 %-92.6 %-169.5 %-61.9 %
ROI133.1 %-8.4 %-17.8 %-61.4 %-63.0 %
Economic value added (EVA)581.93-28.49-97.60- 335.35- 133.42
Solvency
Equity ratio11.3 %11.7 %7.0 %-44.7 %-39.5 %
Gearing14.6 %261.1 %651.8 %-166.7 %-214.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.70.50.40.6
Current ratio0.70.70.50.40.6
Cash and cash equivalents927.78498.59137.2845.1433.61
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-48.9%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-39.5%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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