MINDVISION ApS — Credit Rating and Financial Key Figures

CVR number: 78474319
Edv.Egebergs Vej 15, Sejs-Svejbæk 8600 Silkeborg
tel: 40166700

Credit rating

Company information

Official name
MINDVISION ApS
Established
1985
Domicile
Sejs-Svejbæk
Company form
Private limited company
Industry

About MINDVISION ApS

MINDVISION ApS (CVR number: 78474319) is a company from SILKEBORG. The company recorded a gross profit of 67.7 kDKK in 2023. The operating profit was 67.7 kDKK, while net earnings were -108.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2 %, which can be considered poor and Return on Equity (ROE) was -5.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 60.4 %, 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. MINDVISION ApS's liquidity measured by quick ratio was 0 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit21.8635.360.159.0367.67
EBIT21.8635.360.159.0367.67
Net earnings- 190.62188.03- 113.0046.51- 108.30
Shareholders equity total1 402.421 590.451 477.451 523.962 235.98
Balance sheet total (assets)1 826.872 171.572 385.402 563.183 704.89
Net debt396.90392.26428.98357.82812.61
Profitability
EBIT-%
ROA1.7 %10.3 %-4.0 %3.1 %-2.0 %
ROE-12.7 %12.6 %-7.4 %3.1 %-5.8 %
ROI1.7 %10.8 %-4.7 %4.1 %-2.5 %
Economic value added (EVA)-56.97-36.14-79.3968.76126.09
Solvency
Equity ratio76.8 %73.2 %61.9 %59.5 %60.4 %
Gearing28.5 %25.2 %29.4 %26.4 %36.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.10.10.10.0
Current ratio0.50.10.10.10.0
Cash and cash equivalents3.178.165.4445.162.03
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-2.00%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.4%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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