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 661 kDKK in 2023. The operating profit was 661 kDKK, while net earnings were 1859.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 41.3 %, which can be considered excellent and Return on Equity (ROE) was 42.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65.3 %, 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 2.6 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit706.23- 144.95-90.44-48.99661.01
EBIT201.13- 426.44- 146.08-51.44661.01
Net earnings4 877.75- 314.54398.89-1 440.691 859.24
Shareholders equity total5 033.724 665.185 007.573 519.935 315.24
Balance sheet total (assets)5 339.684 741.326 463.854 662.838 141.99
Net debt-2 198.39-3 707.72-4 288.73-3 245.43-4 633.79
Profitability
EBIT-%
ROA165.3 %5.8 %13.0 %-2.7 %41.3 %
ROE188.0 %-6.5 %8.2 %-33.8 %42.1 %
ROI179.6 %5.9 %13.2 %-2.7 %42.4 %
Economic value added (EVA)159.06- 469.35- 115.7230.34663.16
Solvency
Equity ratio94.3 %98.4 %77.5 %75.5 %65.3 %
Gearing2.1 %1.4 %27.2 %31.8 %47.4 %
Relative net indebtedness %
Liquidity
Quick ratio17.453.23.93.92.6
Current ratio17.453.23.93.92.6
Cash and cash equivalents2 303.353 773.635 649.304 365.697 150.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBA

Variable visualization

ROA:41.3%
Rating: 90/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.3%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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