Mindcore P/S — Credit Rating and Financial Key Figures

CVR number: 39862085
Lottenborgvej 26, 2800 Kongens Lyngby
info@mindcore.dk
www.mindcore.dk

Credit rating

Company information

Official name
Mindcore P/S
Personnel
22 persons
Established
2018
Industry

About Mindcore P/S

Mindcore P/S (CVR number: 39862085) is a company from LYNGBY-TAARBÆK. The company reported a net sales of 52.2 mDKK in 2024, demonstrating a growth of 47.7 % compared to the previous year. The operating profit percentage was at 16.4 % (EBIT: 8.5 mDKK), while net earnings were 8579.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 69.1 %, which can be considered excellent and Return on Equity (ROE) was 219.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.2 %, 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. Mindcore P/S's liquidity measured by quick ratio was 1.6 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales21.5426.7235.3252.18
Gross profit7.4814.3516.4719.0530.85
EBIT-0.251.461.121.658.54
Net earnings-0.301.391.051.608.58
Shareholders equity total-1.210.191.242.844.99
Balance sheet total (assets)8.208.7110.3911.2513.65
Net debt-1.85-1.58-2.51-2.52-4.11
Profitability
EBIT-%6.8 %4.2 %4.7 %16.4 %
ROA-3.4 %16.1 %11.8 %15.3 %69.1 %
ROE-4.8 %33.2 %147.8 %78.6 %219.3 %
ROI-5.3 %35.9 %57.0 %81.2 %219.8 %
Economic value added (EVA)-0.211.521.111.598.40
Solvency
Equity ratio-14.2 %2.3 %13.7 %27.6 %38.2 %
Gearing
Relative net indebtedness %32.3 %24.9 %16.7 %8.7 %
Liquidity
Quick ratio2.61.63.72.51.6
Current ratio2.01.42.52.01.5
Cash and cash equivalents1.851.582.512.524.11
Capital use efficiency
Trade debtors turnover (days)82.978.067.251.2
Net working capital %10.9 %22.2 %15.5 %8.8 %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:69.1%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.2%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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