Mindegaard Construction ApS — Credit Rating and Financial Key Figures

Mindegaard Construction ApS (CVR number: 36455985K) is a company from GREVE. The company reported a net sales of 1150.9 mDKK in 2019, demonstrating a growth of 72.9 % compared to the previous year. The operating profit percentage was at 5.3 % (EBIT: 61 mDKK), while net earnings were 35.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.7 %, which can be considered good but Return on Equity (ROE) was 89.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 8.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Mindegaard Construction ApS's liquidity measured by quick ratio was 1.2 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.