MINDNESS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MINDNESS ApS
MINDNESS ApS (CVR number: 29205108) is a company from GLADSAXE. The company recorded a gross profit of 550 kDKK in 2023. The operating profit was -2.5 kDKK, while net earnings were -9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak but Return on Equity (ROE) was -6.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 45.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MINDNESS ApS's liquidity measured by quick ratio was 1.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 480.30 | 336.25 | 397.68 | 544.28 | 549.97 |
EBIT | 18.98 | 26.36 | 9.59 | 38.55 | -2.55 |
Net earnings | 8.48 | 20.68 | -0.73 | 20.45 | -9.05 |
Shareholders equity total | 178.04 | 148.72 | 128.00 | 148.44 | 139.39 |
Balance sheet total (assets) | 379.17 | 394.05 | 325.46 | 460.46 | 307.50 |
Net debt | -81.27 | - 179.79 | - 116.67 | -82.65 | -49.44 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.1 % | 8.4 % | 4.4 % | 10.8 % | 0.4 % |
ROE | 4.9 % | 12.7 % | -0.5 % | 14.8 % | -6.3 % |
ROI | 9.4 % | 15.3 % | 10.3 % | 28.0 % | 0.9 % |
Economic value added (EVA) | 13.82 | 12.24 | 9.05 | 27.49 | -5.15 |
Solvency | |||||
Equity ratio | 47.0 % | 37.7 % | 39.3 % | 33.9 % | 45.3 % |
Gearing | 0.2 % | 9.1 % | 10.6 % | 9.4 % | 10.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.3 | 1.5 | 1.7 | 1.7 | 1.9 |
Current ratio | 3.3 | 1.5 | 1.7 | 1.5 | 1.9 |
Cash and cash equivalents | 81.61 | 193.29 | 130.28 | 96.61 | 63.70 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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