MINDORF ApS — Credit Rating and Financial Key Figures

CVR number: 33881282
Ingridsvej 23, 9000 Aalborg
martin@mindorf.dk
tel: 25333385

Company information

Official name
MINDORF ApS
Personnel
1 person
Established
2011
Company form
Private limited company
Industry

About MINDORF ApS

MINDORF ApS (CVR number: 33881282) is a company from AALBORG. The company recorded a gross profit of 1143.9 kDKK in 2024. The operating profit was 15.9 kDKK, while net earnings were 1544.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.2 %, which can be considered excellent and Return on Equity (ROE) was 26.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 67.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. MINDORF ApS's liquidity measured by quick ratio was 2.9 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit- 144.95-90.44-48.99661.701 143.88
EBIT- 426.44- 146.08-51.44661.0115.91
Net earnings- 314.54398.89-1 440.691 859.241 544.10
Shareholders equity total4 665.185 007.573 519.935 315.246 509.34
Balance sheet total (assets)4 741.326 463.854 662.838 141.999 656.23
Net debt-3 707.72-4 288.73-3 245.43-4 633.79-6 437.10
Profitability
EBIT-%
ROA5.8 %13.0 %-2.7 %41.3 %26.2 %
ROE-6.5 %8.2 %-33.8 %42.1 %26.1 %
ROI5.9 %13.2 %-2.7 %42.4 %28.0 %
Economic value added (EVA)- 591.22- 351.20- 371.56375.84- 381.18
Solvency
Equity ratio98.4 %77.5 %75.5 %65.3 %67.4 %
Gearing1.4 %27.2 %31.8 %47.4 %35.9 %
Relative net indebtedness %
Liquidity
Quick ratio53.23.93.92.62.9
Current ratio53.23.93.92.62.9
Cash and cash equivalents3 773.635 649.304 365.697 150.738 772.03
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:26.2%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.4%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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