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

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

Company information

Official name
MINDWORKING ASIA A/S
Personnel
3 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 7132.3 kDKK in 2023. The operating profit was 4560.5 kDKK, while net earnings were 3310.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 51.8 %, which can be considered excellent and Return on Equity (ROE) was 51.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.2 %, 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 7.9 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 profit4 275.845 134.826 524.537 353.237 132.34
EBIT1 344.973 164.774 940.675 529.794 560.50
Net earnings1 090.702 413.133 939.043 802.503 310.55
Shareholders equity total3 747.645 230.816 781.076 555.076 373.56
Balance sheet total (assets)4 926.546 954.568 748.258 537.248 363.34
Net debt-1 540.02-1 000.20-2 769.78-3 433.86-3 449.37
Profitability
EBIT-%
ROA26.4 %53.2 %65.2 %60.6 %51.8 %
ROE25.6 %53.8 %65.6 %57.0 %51.2 %
ROI33.6 %70.0 %84.4 %76.6 %65.3 %
Economic value added (EVA)1 058.532 501.673 794.944 304.113 539.61
Solvency
Equity ratio76.1 %75.2 %77.5 %76.8 %76.2 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2.55.07.08.67.9
Current ratio2.55.07.08.67.9
Cash and cash equivalents1 540.021 000.202 769.783 433.863 449.37
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:51.8%
Rating: 95/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.2%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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