LOGIC MINDS ApS — Credit Rating and Financial Key Figures

CVR number: 29224617
Nørreskovvang 60 A, 3500 Værløse
keli@logicminds.dk
tel: 24242121

Credit rating

Company information

Official name
LOGIC MINDS ApS
Personnel
1 person
Established
2006
Company form
Private limited company
Industry

About LOGIC MINDS ApS

LOGIC MINDS ApS (CVR number: 29224617) is a company from FURESØ. The company recorded a gross profit of 246.8 kDKK in 2023. The operating profit was -11.2 kDKK, while net earnings were 131.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 28.8 %, which can be considered excellent and Return on Equity (ROE) was 30.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 71.9 %, 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. LOGIC MINDS ApS's liquidity measured by quick ratio was 4.4 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 profit-83.61-32.6875.02507.36246.78
EBIT-89.84-54.5947.19328.90-11.25
Net earnings11.2692.028.57125.03131.53
Shareholders equity total193.72285.74294.32419.34433.07
Balance sheet total (assets)494.37593.99631.77613.84602.32
Net debt- 226.01- 564.99- 626.40- 612.58- 590.26
Profitability
EBIT-%
ROA3.5 %21.9 %7.7 %68.6 %28.8 %
ROE4.7 %38.4 %3.0 %35.0 %30.9 %
ROI4.2 %33.1 %16.2 %106.4 %36.0 %
Economic value added (EVA)-60.72-28.8947.54205.111.05
Solvency
Equity ratio39.2 %48.1 %46.6 %68.3 %71.9 %
Gearing123.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.91.95.74.4
Current ratio1.61.91.95.74.4
Cash and cash equivalents465.38564.99626.40612.58590.26
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:28.8%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.9%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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