Minds and Co. ApS — Credit Rating and Financial Key Figures

CVR number: 32339263
Åbogade 15, 8200 Aarhus N

Credit rating

Company information

Official name
Minds and Co. ApS
Personnel
33 persons
Established
2013
Company form
Private limited company
Industry

About Minds and Co. ApS

Minds and Co. ApS (CVR number: 32339263) is a company from AARHUS. The company recorded a gross profit of 24 mDKK in 2024. The operating profit was 7410.9 kDKK, while net earnings were 6429.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 44.5 %, which can be considered excellent and Return on Equity (ROE) was 65.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 71.2 %, 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. Minds and Co. ApS's liquidity measured by quick ratio was 4.3 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit11 606.6511 528.1514 406.3722 478.1923 977.72
EBIT3 444.902 749.785 710.149 526.107 410.91
Net earnings2 607.082 119.794 488.087 731.806 429.39
Shareholders equity total4 170.665 290.447 778.526 592.1413 021.53
Balance sheet total (assets)9 559.3211 184.8710 508.1518 848.1218 430.55
Net debt- 845.47- 357.00- 260.09-5 447.20-2 233.26
Profitability
EBIT-%
ROA42.7 %26.5 %52.7 %67.0 %44.5 %
ROE90.9 %44.8 %68.7 %107.6 %65.6 %
ROI89.3 %49.6 %82.2 %136.6 %80.6 %
Economic value added (EVA)2 737.531 978.044 282.217 090.795 387.33
Solvency
Equity ratio43.6 %47.3 %74.0 %35.0 %71.2 %
Gearing1.5 %1.4 %0.0 %0.0 %6.5 %
Relative net indebtedness %
Liquidity
Quick ratio2.02.46.31.84.3
Current ratio2.02.46.31.84.1
Cash and cash equivalents907.95429.71262.315 448.613 084.80
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:44.5%
Rating: 91/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.2%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer
Chief executive officer

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