Mindegaard Construction ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Mindegaard Construction ApS
Mindegaard Construction ApS (CVR number: 36455985) is a company from GREVE. The company recorded a gross profit of 33 kDKK in 2024. The operating profit was -2207 kDKK, while net earnings were 717 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.6 %, which can be considered weak and Return on Equity (ROE) was 0.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 79.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Mindegaard Construction ApS's liquidity measured by quick ratio was 1.4 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | - 193.00 | 296.00 | 2 228.00 | 2 119.00 | 33.00 |
| EBIT | -1 781.00 | - 966.00 | 501.00 | 280.00 | -2 207.00 |
| Net earnings | 87 291.00 | 15 874.00 | 980.00 | 3 769.00 | 717.00 |
| Shareholders equity total | 131 207.00 | 137 081.00 | 128 061.00 | 131 830.00 | 126 547.00 |
| Balance sheet total (assets) | 131 945.00 | 139 993.00 | 159 022.00 | 164 316.00 | 159 429.00 |
| Net debt | -40 927.00 | -36 682.00 | -2 770.00 | -8 850.00 | -3 936.00 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 68.5 % | 14.2 % | 1.2 % | 3.1 % | 0.6 % |
| ROE | 89.9 % | 11.8 % | 0.7 % | 2.9 % | 0.6 % |
| ROI | 69.2 % | 14.4 % | 1.2 % | 3.2 % | 0.6 % |
| Economic value added (EVA) | -5 241.85 | -7 368.51 | -6 497.73 | -7 730.10 | -9 828.36 |
| Solvency | |||||
| Equity ratio | 99.4 % | 97.9 % | 80.5 % | 80.2 % | 79.4 % |
| Gearing | 23.5 % | 22.9 % | 24.6 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 89.7 | 21.6 | 1.5 | 1.6 | 1.4 |
| Current ratio | 90.4 | 21.6 | 1.5 | 1.6 | 1.4 |
| Cash and cash equivalents | 40 927.00 | 36 682.00 | 32 864.00 | 39 001.00 | 35 091.00 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | A | A | A | A |
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