MINDTECH FINANS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MINDTECH FINANS A/S
MINDTECH FINANS A/S (CVR number: 84940410) is a company from VEJLE. The company recorded a gross profit of -31.9 kDKK in 2023. The operating profit was -31.9 kDKK, while net earnings were -244.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.1 %, which can be considered poor and Return on Equity (ROE) was -3.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 95.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MINDTECH FINANS A/S's liquidity measured by quick ratio was 20.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -31.34 | -29.50 | - 110.47 | -94.91 | -31.85 |
EBIT | -31.34 | -29.50 | - 110.47 | -94.91 | -31.85 |
Net earnings | 1 079.93 | 3 716.38 | -2 632.16 | 621.14 | - 244.45 |
Shareholders equity total | 6 207.31 | 9 813.09 | 7 067.93 | 7 274.67 | 6 912.42 |
Balance sheet total (assets) | 6 706.57 | 11 276.28 | 7 583.23 | 7 520.46 | 7 267.54 |
Net debt | -6 260.89 | -10 816.67 | -7 085.41 | -7 325.82 | -7 032.28 |
Profitability | |||||
EBIT-% | |||||
ROA | 21.8 % | 53.3 % | 0.8 % | 8.6 % | -0.1 % |
ROE | 18.9 % | 46.4 % | -31.2 % | 8.7 % | -3.4 % |
ROI | 22.2 % | 57.6 % | 0.9 % | 8.7 % | -0.1 % |
Economic value added (EVA) | -25.74 | -6.09 | -43.89 | -74.75 | -39.23 |
Solvency | |||||
Equity ratio | 92.6 % | 87.0 % | 93.2 % | 96.7 % | 95.1 % |
Gearing | 4.6 % | 3.3 % | 5.4 % | 1.5 % | 1.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 13.1 | 7.6 | 14.6 | 30.6 | 20.5 |
Current ratio | 13.4 | 7.7 | 14.7 | 30.6 | 20.5 |
Cash and cash equivalents | 6 543.90 | 11 138.04 | 7 465.67 | 7 434.13 | 7 131.45 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | A | BBB |
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