MindFlex A/S — Credit Rating and Financial Key Figures

CVR number: 40277951
Sortedam Dossering 55 B, 2100 København Ø

Company information

Official name
MindFlex A/S
Personnel
18 persons
Established
2019
Company form
Limited company
Industry

About MindFlex A/S

MindFlex A/S (CVR number: 40277951) is a company from KØBENHAVN. The company recorded a gross profit of 10.6 mDKK in 2023. The operating profit was 493.1 kDKK, while net earnings were 366.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.8 %, which can be considered excellent and Return on Equity (ROE) was 17.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 78.4 %, 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. MindFlex A/S's liquidity measured by quick ratio was 4.9 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit359.103 427.547 252.7210 985.0110 640.38
EBIT- 430.47508.71704.211 580.35493.12
Net earnings- 342.56380.58544.201 215.38366.34
Shareholders equity total57.44438.01982.212 197.582 063.93
Balance sheet total (assets)515.711 903.162 420.282 892.952 633.57
Net debt311.54-1 249.26-1 084.01- 940.34-1 935.92
Profitability
EBIT-%
ROA-83.5 %42.1 %32.6 %59.5 %17.8 %
ROE-596.4 %153.6 %76.6 %76.4 %17.2 %
ROI-109.7 %110.5 %91.6 %89.4 %21.0 %
Economic value added (EVA)- 337.67394.33590.061 232.00312.40
Solvency
Equity ratio11.1 %23.0 %40.6 %76.0 %78.4 %
Gearing557.2 %13.8 %5.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.21.55.34.9
Current ratio0.91.21.55.34.9
Cash and cash equivalents8.461 249.261 084.011 243.832 045.14
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBAA

Variable visualization

ROA:17.8%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.4%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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