MINDWORKING ASIA A/S — Credit Rating and Financial Key Figures

CVR number: 27212824
Balagervej 17, 8260 Viby J
ji@mindworkingasia.dk
tel: 70258900
Free credit report Annual report

Credit rating

Company information

Official name
MINDWORKING ASIA A/S
Personnel
4 persons
Established
2003
Company form
Limited company
Industry

About MINDWORKING ASIA A/S

MINDWORKING ASIA A/S (CVR number: 27212824) is a company from AARHUS. The company recorded a gross profit of 9823.5 kDKK in 2024. The operating profit was 7267.6 kDKK, while net earnings were 5545 kDKK. The profitability of the company measured by Return on Assets (ROA) was 78.5 %, which can be considered excellent and Return on Equity (ROE) was 78.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.6 %, 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. MINDWORKING ASIA A/S's liquidity measured by quick ratio was 8.1 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 profit5 134.826 524.537 353.237 132.009 823.45
EBIT3 164.774 940.675 529.794 561.007 267.55
Net earnings2 413.133 939.043 802.503 520.005 545.00
Shareholders equity total5 230.816 781.076 555.075 985.008 130.00
Balance sheet total (assets)6 954.568 748.258 537.247 975.0010 615.76
Net debt-1 000.20-2 769.78-3 433.86-3 449.00-5 047.82
Profitability
EBIT-%
ROA53.2 %65.2 %60.6 %55.6 %78.5 %
ROE53.8 %65.6 %57.0 %56.1 %78.6 %
ROI70.0 %84.4 %76.6 %70.4 %99.4 %
Economic value added (EVA)2 269.593 587.903 966.083 214.685 349.38
Solvency
Equity ratio75.2 %77.5 %76.8 %75.1 %76.6 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio5.07.08.64.58.1
Current ratio5.07.08.67.913.6
Cash and cash equivalents1 000.202 769.783 433.863 449.005 047.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBABBB

Variable visualization

ROA:78.5%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.6%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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