MINDWORK ApS — Credit Rating and Financial Key Figures

CVR number: 30085000
Vesterbrogade 31, 1620 København V
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Company information

Official name
MINDWORK ApS
Personnel
4 persons
Established
2006
Company form
Private limited company
Industry

About MINDWORK ApS

MINDWORK ApS (CVR number: 30085000) is a company from KØBENHAVN. The company recorded a gross profit of 8110 kDKK in 2023. The operating profit was 2475.4 kDKK, while net earnings were 1914.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 57.6 %, which can be considered excellent and Return on Equity (ROE) was 103.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 46.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MINDWORK ApS's liquidity measured by quick ratio was 2.2 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 profit4 270.215 055.514 248.095 181.698 110.00
EBIT577.242 280.231 540.301 785.022 475.37
Net earnings436.78-1 957.591 095.731 370.541 914.33
Shareholders equity total1 323.832 281.421 577.151 647.692 062.02
Balance sheet total (assets)2 946.453 971.134 213.364 151.274 450.42
Net debt-1 953.55-2 551.94-2 615.31-2 405.13-3 174.84
Profitability
EBIT-%
ROA20.9 %71.9 %35.3 %42.7 %57.6 %
ROE32.8 %-108.6 %56.8 %85.0 %103.2 %
ROI42.6 %137.1 %64.3 %85.8 %118.0 %
Economic value added (EVA)445.122 989.441 258.411 472.941 973.66
Solvency
Equity ratio56.7 %57.5 %37.4 %39.7 %46.3 %
Gearing1.7 %0.0 %40.6 %17.8 %9.6 %
Relative net indebtedness %
Liquidity
Quick ratio2.62.11.51.82.2
Current ratio1.62.11.51.82.2
Cash and cash equivalents1 976.392 552.783 255.842 698.613 371.76
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAAA

Variable visualization

ROA:57.6%
Rating: 99/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:46.3%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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