MINDLINE ApS — Credit Rating and Financial Key Figures

CVR number: 27411274
Bakkevej 6, 3050 Humlebæk

Credit rating

Company information

Official name
MINDLINE ApS
Personnel
3 persons
Established
2003
Company form
Private limited company
Industry

About MINDLINE ApS

MINDLINE ApS (CVR number: 27411274) is a company from FREDENSBORG. The company recorded a gross profit of 1648.1 kDKK in 2023. The operating profit was 256.7 kDKK, while net earnings were 192.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.9 %, which can be considered excellent and Return on Equity (ROE) was 18.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76 %, 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. MINDLINE ApS's liquidity measured by quick ratio was 3.6 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 136.811 101.651 575.891 330.461 648.10
EBIT671.16- 162.90336.1235.45256.71
Net earnings515.19- 132.63263.6518.19192.30
Shareholders equity total1 490.621 057.981 321.63939.821 132.12
Balance sheet total (assets)2 249.202 050.941 974.911 240.951 489.93
Net debt- 848.56- 675.57-1 441.93- 603.79-1 067.76
Profitability
EBIT-%
ROA27.1 %-7.0 %17.6 %2.5 %18.9 %
ROE31.5 %-10.4 %22.2 %1.6 %18.6 %
ROI40.9 %-11.4 %28.7 %3.5 %24.4 %
Economic value added (EVA)492.21- 169.92239.0432.73175.13
Solvency
Equity ratio78.2 %65.6 %66.9 %75.7 %76.0 %
Gearing1.7 %5.2 %2.3 %2.5 %1.7 %
Relative net indebtedness %
Liquidity
Quick ratio5.23.62.93.43.6
Current ratio2.82.02.93.43.6
Cash and cash equivalents873.38730.581 472.02627.671 086.90
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:18.9%
Rating: 72/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.0%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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