Mindegade P/S — Credit Rating and Financial Key Figures

CVR number: 43150340
Skolebakken 7, 8000 Aarhus C

Company information

Official name
Mindegade P/S
Established
2022
Industry

About Mindegade P/S

Mindegade P/S (CVR number: 43150340) is a company from AARHUS. The company recorded a gross profit of 1415.8 kDKK in 2024. The operating profit was 1370.4 kDKK, while net earnings were 706.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.3 %, which can be considered weak but Return on Equity (ROE) was 4.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 36.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Mindegade P/S's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
2024
Volume
Net sales
Gross profit131.471 032.861 415.78
EBIT131.471 083.781 370.43
Net earnings- 429.34397.20706.39
Shareholders equity total13 850.6614 247.8514 954.25
Balance sheet total (assets)41 643.2841 249.9641 002.92
Net debt26 579.1326 056.4725 478.53
Profitability
EBIT-%
ROA0.3 %2.6 %3.3 %
ROE-3.1 %2.8 %4.8 %
ROI0.3 %2.7 %3.4 %
Economic value added (EVA)131.47- 906.76- 613.20
Solvency
Equity ratio33.4 %34.6 %36.5 %
Gearing195.9 %184.9 %170.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.20.1
Current ratio0.50.20.1
Cash and cash equivalents554.76289.3167.36
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAA

Variable visualization

ROA:3.34%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.5%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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