Mindfullife Institute ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Mindfullife Institute ApS
Mindfullife Institute ApS (CVR number: 37839868) is a company from HELSINGØR. The company recorded a gross profit of -156.7 kDKK in 2023. The operating profit was -242.7 kDKK, while net earnings were -196.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -50 %, which can be considered poor and Return on Equity (ROE) was -84.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -22.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Mindfullife Institute ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 106.51 | 354.71 | 147.24 | 6.45 | - 156.75 |
EBIT | - 396.86 | 210.78 | 78.39 | -52.96 | - 242.69 |
Net earnings | - 336.76 | 163.30 | 59.39 | -42.88 | - 196.80 |
Shareholders equity total | -93.40 | 69.91 | 129.30 | 86.42 | - 110.38 |
Balance sheet total (assets) | 549.80 | 434.32 | 613.79 | 483.09 | 377.38 |
Net debt | - 366.92 | - 115.98 | - 270.38 | - 355.36 | - 228.20 |
Profitability | |||||
EBIT-% | |||||
ROA | -46.6 % | 39.0 % | 15.0 % | -9.7 % | -50.0 % |
ROE | -71.4 % | 52.7 % | 59.6 % | -39.8 % | -84.9 % |
ROI | -197.4 % | 130.7 % | 21.5 % | -20.6 % | -502.8 % |
Economic value added (EVA) | - 321.34 | 187.46 | 74.45 | -20.62 | - 175.95 |
Solvency | |||||
Equity ratio | -22.6 % | 18.8 % | 27.5 % | 17.9 % | -22.6 % |
Gearing | -0.1 % | 347.5 % | 223.1 % | 11.7 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 1.5 | 1.9 | 1.2 | 0.8 |
Current ratio | 0.8 | 1.2 | 1.3 | 1.2 | 0.8 |
Cash and cash equivalents | 367.03 | 358.90 | 558.84 | 365.44 | 228.20 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BBB | BBB | BB | B |
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