MINDSOFT ApS — Credit Rating and Financial Key Figures

CVR number: 21019488
Parkvej 41, 2830 Virum
jve@mindsoft.dk
tel: 20991444

Credit rating

Company information

Official name
MINDSOFT ApS
Personnel
1 person
Established
1998
Company form
Private limited company
Industry
  • Expand more icon621000

About MINDSOFT ApS

MINDSOFT ApS (CVR number: 21019488) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 1443.9 kDKK in 2023. The operating profit was 412.5 kDKK, while net earnings were 321.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 28 %, which can be considered excellent and Return on Equity (ROE) was 93.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 23 %, 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. MINDSOFT ApS's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit149.62953.411 295.74753.771 443.93
EBIT57.79234.30470.99- 389.28412.50
Net earnings53.59227.32383.40- 362.20321.20
Shareholders equity total330.53447.25717.65241.05446.20
Balance sheet total (assets)632.131 125.421 545.851 047.641 942.44
Net debt- 151.59- 310.75- 607.54-70.83540.10
Profitability
EBIT-%
ROA11.4 %33.6 %37.7 %-30.0 %28.0 %
ROE15.0 %58.5 %65.8 %-75.6 %93.5 %
ROI12.6 %40.7 %50.0 %-38.6 %31.8 %
Economic value added (EVA)53.67183.79379.13- 289.70342.43
Solvency
Equity ratio52.3 %39.7 %46.4 %23.0 %23.0 %
Gearing63.3 %103.7 %53.5 %279.1 %285.4 %
Relative net indebtedness %
Liquidity
Quick ratio2.21.82.11.30.8
Current ratio2.21.82.11.30.8
Cash and cash equivalents360.83774.35991.63743.56733.48
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:28.0%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:23.0%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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