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MINDKEY SOFTWARE A/S — Credit Rating and Financial Key Figures

CVR number: 20478985
Lersø Parkallé 103, 2100 København Ø
info@mindkey.com
tel: 70207378
www.mindkey.com
Free credit report Annual report

Credit rating

Company information

Official name
MINDKEY SOFTWARE A/S
Personnel
10 persons
Established
1997
Company form
Limited company
Industry

About MINDKEY SOFTWARE A/S

MINDKEY SOFTWARE A/S (CVR number: 20478985) is a company from KØBENHAVN. The company recorded a gross profit of 17 mDKK in 2024. The operating profit was 913.3 kDKK, while net earnings were 217.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4 %, which can be considered decent but Return on Equity (ROE) was 2.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 36.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. MINDKEY SOFTWARE A/S's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit14 719.3713 696.6213 579.7715 487.6517 038.41
EBIT1 511.631 094.94560.401 044.68913.28
Net earnings1 507.151 189.01354.59335.66217.26
Shareholders equity total6 055.477 244.487 599.077 934.738 152.00
Balance sheet total (assets)20 645.4121 146.7221 459.2423 123.7222 405.56
Net debt690.233 214.712 995.803 301.032 164.47
Profitability
EBIT-%
ROA7.5 %5.2 %2.6 %4.7 %4.0 %
ROE28.4 %17.9 %4.8 %4.3 %2.7 %
ROI15.0 %9.4 %4.1 %7.5 %6.5 %
Economic value added (EVA)1 078.14777.05-97.1158.51-75.28
Solvency
Equity ratio29.3 %34.3 %35.4 %34.3 %36.4 %
Gearing11.7 %44.6 %39.5 %41.6 %26.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.10.10.20.2
Current ratio0.20.10.10.20.2
Cash and cash equivalents17.8218.939.472.1719.91
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:4.01%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.4%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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