Mindway AI ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Mindway AI ApS
Mindway AI ApS (CVR number: 39504979) is a company from AARHUS. The company recorded a gross profit of 13.2 mDKK in 2024. The operating profit was 378.3 kDKK, while net earnings were -33.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.8 %, which can be considered weak but Return on Equity (ROE) was -0.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 46.1 %, 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. Mindway AI ApS's liquidity measured by quick ratio was 1.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 131.79 | 1 123.65 | 5 019.80 | 6 947.13 | 13 213.10 |
EBIT | -2 740.84 | -3 119.70 | - 752.52 | -3 136.00 | 378.29 |
Net earnings | -2 880.76 | -2 572.64 | - 734.53 | -2 622.15 | -33.06 |
Shareholders equity total | -4 313.50 | -6 886.20 | -7 620.73 | -10 242.88 | -10 275.94 |
Balance sheet total (assets) | 1 384.12 | 3 344.44 | 5 652.71 | 6 007.64 | 7 319.70 |
Net debt | 3 414.16 | 6 592.47 | 6 483.16 | 10 706.13 | 10 345.87 |
Profitability | |||||
EBIT-% | |||||
ROA | -63.5 % | -39.2 % | -6.3 % | -20.8 % | 2.8 % |
ROE | -200.0 % | -108.8 % | -16.3 % | -45.0 % | -0.5 % |
ROI | -86.9 % | -50.3 % | -8.8 % | -30.1 % | 3.8 % |
Economic value added (EVA) | -2 781.08 | -2 424.27 | - 643.86 | -2 524.05 | 265.17 |
Solvency | |||||
Equity ratio | -75.7 % | -67.3 % | -57.4 % | 19.3 % | 46.1 % |
Gearing | -95.8 % | -116.4 % | -116.2 % | -112.9 % | -135.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 0.3 | 0.4 | 1.2 | 1.8 |
Current ratio | 0.2 | 0.3 | 0.4 | 1.2 | 1.8 |
Cash and cash equivalents | 718.34 | 1 426.13 | 2 371.46 | 856.92 | 3 617.64 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | B | BB | BB | BBB |
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