Mindegade Holding ApS — Credit Rating and Financial Key Figures

CVR number: 10123194
Mindegade 9, 7400 Herning

Company information

Official name
Mindegade Holding ApS
Personnel
1 person
Established
1986
Company form
Private limited company
Industry

About Mindegade Holding ApS

Mindegade Holding ApS (CVR number: 10123194) is a company from HERNING. The company recorded a gross profit of 498.2 kDKK in 2023. The operating profit was 290.6 kDKK, while net earnings were 297.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak and Return on Equity (ROE) was 2.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 69 %, 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. Mindegade Holding ApS's liquidity measured by quick ratio was 3.3 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit501.75569.62338.67728.15498.16
EBIT361.64408.46135.79520.56290.57
Net earnings24.671 827.56-1 638.642 004.00297.43
Shareholders equity total9 970.0811 797.6410 159.0012 048.6012 046.03
Balance sheet total (assets)15 247.1619 157.4119 555.1520 131.1617 450.20
Net debt-2 631.10-2 556.521 601.21- 236.43- 661.94
Profitability
EBIT-%
ROA4.0 %14.0 %4.7 %12.2 %3.8 %
ROE0.2 %16.8 %-14.9 %18.0 %2.5 %
ROI4.2 %14.6 %4.9 %12.1 %3.3 %
Economic value added (EVA)279.2041.13- 151.10195.80- 142.15
Solvency
Equity ratio65.4 %61.6 %52.0 %59.9 %69.0 %
Gearing46.3 %54.6 %83.3 %61.4 %37.7 %
Relative net indebtedness %
Liquidity
Quick ratio5.62.91.31.83.3
Current ratio5.62.91.31.83.3
Cash and cash equivalents7 243.449 000.736 861.637 639.115 198.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:3.80%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.0%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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