Bright Minds ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Bright Minds ApS
Bright Minds ApS (CVR number: 41384964) is a company from FREDERIKSBERG. The company recorded a gross profit of 293.4 kDKK in 2024. The operating profit was -1855.8 kDKK, while net earnings were -13.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was -0 %, which can be considered poor and Return on Equity (ROE) was -0.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 83.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Bright Minds ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 421 313.06 | ||||
Gross profit | 60 098.13 | -3 613.03 | - 449.82 | - 427 626.00 | 293.44 |
EBIT | 17 758.64 | -3 613.03 | - 449.82 | -2 576 833.00 | -1 855.76 |
Net earnings | 12 519.76 | 156 738.04 | -13 547.46 | -27 857 798.00 | -13 084.65 |
Shareholders equity total | 66 762.08 | 92 826.85 | 73 279.39 | 45 421 589.00 | 32 336.94 |
Balance sheet total (assets) | 235 083.43 | 95 650.01 | 73 705.29 | 46 475 972.00 | 38 849.40 |
Net debt | 3 636.04 | -32 373.75 | -4 947.10 | -1 902 221.00 | - 642.52 |
Profitability | |||||
EBIT-% | 4.2 % | ||||
ROA | 7.7 % | 94.9 % | -10.5 % | -28.6 % | -0.0 % |
ROE | 20.8 % | 205.0 % | -16.3 % | -122.5 % | -0.1 % |
ROI | 14.2 % | 141.9 % | -10.7 % | -29.2 % | -0.0 % |
Economic value added (EVA) | 12 902.07 | -7 739.57 | -5 123.83 | -2 682 419.73 | -2 284 290.61 |
Solvency | |||||
Equity ratio | 28.4 % | 97.0 % | 99.4 % | 97.7 % | 83.2 % |
Gearing | 21.5 % | 0.2 % | 0.3 % | ||
Relative net indebtedness % | 37.3 % | ||||
Liquidity | |||||
Quick ratio | 1.3 | 13.2 | 17.8 | 1.8 | 0.1 |
Current ratio | 1.3 | 13.2 | 17.8 | 1.8 | 0.1 |
Cash and cash equivalents | 10 709.08 | 32 562.18 | 5 135.53 | 1 902 221.00 | 642.52 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 122.0 | ||||
Net working capital % | 8.4 % | ||||
Credit risk | |||||
Credit rating | A | BBB | BBB | BBB | BBB |
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