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Mind and Bits ApS — Credit Rating and Financial Key Figures

CVR number: 40059784
Dampfærgevej 27, 2100 København Ø
rene.fonseca@mindandbits.com
mindandbits.com
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Company information

Official name
Mind and Bits ApS
Established
2018
Company form
Private limited company
Industry

About Mind and Bits ApS

Mind and Bits ApS (CVR number: 40059784) is a company from KØBENHAVN. The company recorded a gross profit of -161 kDKK in 2023. The operating profit was -161 kDKK, while net earnings were -122.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.9 %, which can be considered poor and Return on Equity (ROE) was -8.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Mind and Bits ApS's liquidity measured by quick ratio was 87.7 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 profit- 117.57161.574 719.12- 153.92- 161.02
EBIT- 117.57161.574 719.12- 153.92- 161.02
Net earnings- 125.72147.073 662.84- 140.44- 122.59
Shareholders equity total-75.7271.353 734.201 493.751 371.16
Balance sheet total (assets)132.43344.886 186.012 582.471 386.66
Net debt120.05-90.28-4 745.65- 284.46-1 253.19
Profitability
EBIT-%
ROA-56.5 %58.4 %144.5 %-3.5 %-7.9 %
ROE-94.9 %144.3 %192.5 %-5.4 %-8.6 %
ROI-56.5 %65.1 %221.9 %-4.7 %-8.1 %
Economic value added (EVA)- 117.57163.453 692.75-57.60- 134.47
Solvency
Equity ratio-36.4 %20.7 %60.4 %57.8 %98.9 %
Gearing-274.9 %303.6 %6.2 %69.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.51.22.52.387.7
Current ratio0.51.22.52.387.7
Cash and cash equivalents88.09306.904 977.131 317.171 253.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBA

Variable visualization

ROA:-7.92%
Rating: 12/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.9%
Rating: 83/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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