CreativeMinds ApS — Credit Rating and Financial Key Figures

CVR number: 37659223
Kærgade 33, 8940 Randers SV
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Company information

Official name
CreativeMinds ApS
Personnel
2 persons
Established
2016
Company form
Private limited company
Industry

About CreativeMinds ApS

CreativeMinds ApS (CVR number: 37659223) is a company from RANDERS. The company reported a net sales of 0.9 mDKK in 2023, demonstrating a growth of 14.2 % compared to the previous year. The operating profit percentage was at 7.2 % (EBIT: 0.1 mDKK), while net earnings were 55 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.8 %, which can be considered excellent and Return on Equity (ROE) was 55.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. CreativeMinds 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales751.16850.11845.95829.64947.81
Gross profit700.97770.26766.67764.21852.56
EBIT52.6746.287.53-13.1267.85
Net earnings40.8233.982.47-14.3855.02
Shareholders equity total82.70116.69119.16104.7895.02
Balance sheet total (assets)223.16232.14269.70260.72309.66
Net debt- 148.75- 164.35- 188.13- 152.37- 176.78
Profitability
EBIT-%7.0 %5.4 %0.9 %-1.6 %7.2 %
ROA27.3 %20.3 %3.0 %-4.9 %23.8 %
ROE65.5 %34.1 %2.1 %-12.8 %55.1 %
ROI84.6 %46.4 %6.4 %-11.7 %68.0 %
Economic value added (EVA)38.9531.701.67-19.1150.63
Solvency
Equity ratio37.1 %50.3 %44.2 %40.2 %30.7 %
Gearing
Relative net indebtedness %-1.1 %-5.8 %-4.4 %0.4 %4.0 %
Liquidity
Quick ratio1.62.01.71.51.3
Current ratio1.62.01.81.71.4
Cash and cash equivalents148.75164.35188.13152.37176.78
Capital use efficiency
Trade debtors turnover (days)34.727.828.434.735.1
Net working capital %11.0 %13.7 %14.1 %12.6 %10.0 %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:23.8%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.7%
Rating: 27/100
-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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