Muscle2Mind ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Muscle2Mind ApS
Muscle2Mind ApS (CVR number: 30812840) is a company from FREDERIKSBERG. The company recorded a gross profit of 376.3 kDKK in 2023. The operating profit was -6.4 kDKK, while net earnings were -6.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.1 %, which can be considered poor and Return on Equity (ROE) was -9.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 45.4 %, 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. Muscle2Mind ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 406.88 | 402.57 | 427.45 | 403.74 | 376.28 |
| EBIT | -9.66 | 27.45 | 15.11 | 48.65 | -6.38 |
| Net earnings | -12.89 | 21.88 | 9.16 | 34.99 | -6.80 |
| Shareholders equity total | 8.80 | 30.68 | 39.84 | 74.83 | 68.03 |
| Balance sheet total (assets) | 60.55 | 88.18 | 82.06 | 164.00 | 149.77 |
| Net debt | -50.95 | -80.63 | -64.71 | - 121.58 | -99.84 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -18.5 % | 36.9 % | 17.8 % | 39.5 % | -4.1 % |
| ROE | -84.6 % | 110.8 % | 26.0 % | 61.0 % | -9.5 % |
| ROI | -52.5 % | 123.0 % | 37.7 % | 81.6 % | -8.9 % |
| Economic value added (EVA) | -8.69 | 24.97 | 13.23 | 37.19 | -3.41 |
| Solvency | |||||
| Equity ratio | 14.5 % | 34.8 % | 48.5 % | 45.6 % | 45.4 % |
| Gearing | |||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.0 | 1.5 | 2.0 | 1.6 | 1.3 |
| Current ratio | 1.0 | 1.5 | 2.0 | 1.6 | 1.3 |
| Cash and cash equivalents | 50.95 | 80.63 | 64.71 | 121.58 | 99.84 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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