MIND MADE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MIND MADE ApS
MIND MADE ApS (CVR number: 34902836) is a company from KØBENHAVN. The company recorded a gross profit of -102.9 kDKK in 2024. The operating profit was -102.9 kDKK, while net earnings were -1765.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -32.6 %, which can be considered poor and Return on Equity (ROE) was -103.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 20.3 %, 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. MIND MADE ApS's liquidity measured by quick ratio was 0.5 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -5.00 | -6.25 | -4.85 | -57.50 | - 102.89 |
EBIT | -5.00 | -6.25 | -4.85 | -57.50 | - 102.89 |
Net earnings | -11.75 | 238.29 | 228.19 | 2 008.90 | -1 765.47 |
Shareholders equity total | 115.42 | 353.71 | 581.90 | 2 590.80 | 825.33 |
Balance sheet total (assets) | 547.48 | 778.19 | 3 521.18 | 2 728.35 | 4 073.25 |
Net debt | -15.15 | - 118.45 | -65.52 | -62.14 | -63.64 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.8 % | 36.8 % | 11.2 % | 65.3 % | -32.6 % |
ROE | -9.7 % | 101.6 % | 48.8 % | 126.6 % | -103.4 % |
ROI | -3.5 % | 99.6 % | 50.2 % | 128.7 % | -64.9 % |
Economic value added (EVA) | -10.38 | -10.68 | -23.65 | -74.10 | - 229.98 |
Solvency | |||||
Equity ratio | 21.1 % | 45.5 % | 16.5 % | 95.0 % | 20.3 % |
Gearing | 5.8 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.3 | 0.9 | 1.1 | 10.5 | 0.5 |
Current ratio | 0.3 | 0.9 | 1.1 | 10.5 | 0.5 |
Cash and cash equivalents | 15.15 | 138.92 | 65.52 | 62.14 | 63.64 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BB |
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