Mindegade Holding ApS — Credit Rating and Financial Key Figures

CVR number: 10123194
Mindegade 9, 7400 Herning
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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 1504.7 kDKK in 2024. The operating profit was 1214.4 kDKK, while net earnings were 617.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.3 %, which can be considered good but Return on Equity (ROE) was 5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 75.6 %, 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 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit569.62338.67728.15498.161 504.68
EBIT408.46135.79520.56290.571 214.43
Net earnings1 827.56-1 638.642 004.00297.43617.75
Shareholders equity total11 797.6410 159.0012 048.6012 046.0312 541.78
Balance sheet total (assets)19 157.4119 555.1520 131.1617 450.2016 597.80
Net debt-2 556.521 601.21- 236.43- 661.94-1 836.60
Profitability
EBIT-%
ROA14.0 %4.7 %12.2 %3.8 %8.3 %
ROE16.8 %-14.9 %18.0 %2.5 %5.0 %
ROI14.6 %4.9 %12.1 %3.3 %7.0 %
Economic value added (EVA)- 400.36- 780.86- 438.63- 771.12176.87
Solvency
Equity ratio61.6 %52.0 %59.9 %69.0 %75.6 %
Gearing54.6 %83.3 %61.4 %37.7 %25.5 %
Relative net indebtedness %
Liquidity
Quick ratio2.91.31.83.31.3
Current ratio2.91.31.83.31.3
Cash and cash equivalents9 000.736 861.637 639.115 198.445 035.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAAA

Variable visualization

ROA:8.28%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.6%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Director

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