Minds Holding ApS — Credit Rating and Financial Key Figures

CVR number: 40187197
Klokkehøj 50, Gjellerup 7400 Herning

Company information

Official name
Minds Holding ApS
Established
2019
Domicile
Gjellerup
Company form
Private limited company
Industry

About Minds Holding ApS

Minds Holding ApS (CVR number: 40187197) is a company from HERNING. The company recorded a gross profit of -11.6 kDKK in 2023. The operating profit was -11.6 kDKK, while net earnings were 6178.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 36.9 %, which can be considered excellent and Return on Equity (ROE) was 39.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 89.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Minds Holding 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-8.96-7.69-6.94-7.31-11.59
EBIT-8.96-7.69-6.94-7.31-11.59
Net earnings-93.864 386.225 481.926 117.706 178.31
Shareholders equity total-43.864 287.069 692.4814 902.9816 522.38
Balance sheet total (assets)13 630.6513 630.6513 630.6515 157.4118 476.64
Net debt4 200.005 250.223 923.43-1 526.76-4 845.99
Profitability
EBIT-%
ROA-0.1 %32.9 %40.7 %42.7 %36.9 %
ROE-0.7 %49.0 %78.4 %49.7 %39.3 %
ROI-0.1 %33.8 %41.0 %43.1 %39.5 %
Economic value added (EVA)-8.96-5.48- 222.36- 494.36- 726.46
Solvency
Equity ratio-0.3 %31.5 %71.1 %98.3 %89.4 %
Gearing-9575.3 %122.5 %40.5 %
Relative net indebtedness %
Liquidity
Quick ratio6.02.5
Current ratio6.02.5
Cash and cash equivalents1 526.764 845.99
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBAA

Variable visualization

ROA:36.9%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:89.4%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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