Mindcore P/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 21.54 | 26.72 | 35.32 | 52.18 | |
Gross profit | 7.48 | 14.35 | 16.47 | 19.05 | 30.85 |
EBIT | -0.25 | 1.46 | 1.12 | 1.65 | 8.54 |
Net earnings | -0.30 | 1.39 | 1.05 | 1.60 | 8.58 |
Shareholders equity total | -1.21 | 0.19 | 1.24 | 2.84 | 4.99 |
Balance sheet total (assets) | 8.20 | 8.71 | 10.39 | 11.25 | 13.65 |
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) | -0.21 | 1.52 | 1.11 | 1.59 | 8.40 |
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 ratio | 2.6 | 1.6 | 3.7 | 2.5 | 1.6 |
Current ratio | 2.0 | 1.4 | 2.5 | 2.0 | 1.5 |
Cash and cash equivalents | 1.85 | 1.58 | 2.51 | 2.52 | 4.11 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 82.9 | 78.0 | 67.2 | 51.2 | |
Net working capital % | 10.9 % | 22.2 % | 15.5 % | 8.8 % | |
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BBB |
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