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LOGIC MINDS ApS — Credit Rating and Financial Key Figures

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

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 187.2 kDKK in 2024. The operating profit was -139 kDKK, while net earnings were -168.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -26.6 %, which can be considered poor and Return on Equity (ROE) was -48.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 60.9 %, 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 2.5 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-32.6875.02507.36246.78187.16
EBIT-54.5947.19328.90-11.25- 139.03
Net earnings92.028.57125.03131.53- 168.37
Shareholders equity total285.74294.32419.34433.07264.69
Balance sheet total (assets)593.99631.77613.84602.32434.46
Net debt- 564.99- 626.40- 612.58- 590.26- 402.99
Profitability
EBIT-%
ROA21.9 %7.7 %68.6 %28.8 %-26.6 %
ROE38.4 %3.0 %35.0 %30.9 %-48.3 %
ROI33.1 %16.2 %106.4 %37.3 %-39.5 %
Economic value added (EVA)-64.3019.15173.63-29.73- 160.79
Solvency
Equity ratio48.1 %46.6 %68.3 %71.9 %60.9 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.91.95.74.42.5
Current ratio1.91.95.74.42.5
Cash and cash equivalents564.99626.40612.58590.26402.99
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-26.6%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.9%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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