LOGIC MINDS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -83.61 | -32.68 | 75.02 | 507.36 | 246.78 |
EBIT | -89.84 | -54.59 | 47.19 | 328.90 | -11.25 |
Net earnings | 11.26 | 92.02 | 8.57 | 125.03 | 131.53 |
Shareholders equity total | 193.72 | 285.74 | 294.32 | 419.34 | 433.07 |
Balance sheet total (assets) | 494.37 | 593.99 | 631.77 | 613.84 | 602.32 |
Net debt | - 226.01 | - 564.99 | - 626.40 | - 612.58 | - 590.26 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.5 % | 21.9 % | 7.7 % | 68.6 % | 28.8 % |
ROE | 4.7 % | 38.4 % | 3.0 % | 35.0 % | 30.9 % |
ROI | 4.2 % | 33.1 % | 16.2 % | 106.4 % | 36.0 % |
Economic value added (EVA) | -60.72 | -28.89 | 47.54 | 205.11 | 1.05 |
Solvency | |||||
Equity ratio | 39.2 % | 48.1 % | 46.6 % | 68.3 % | 71.9 % |
Gearing | 123.6 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 1.9 | 1.9 | 5.7 | 4.4 |
Current ratio | 1.6 | 1.9 | 1.9 | 5.7 | 4.4 |
Cash and cash equivalents | 465.38 | 564.99 | 626.40 | 612.58 | 590.26 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BBB | BBB |
Variable visualization
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