Solution MindIT Holding ApS — Credit Rating and Financial Key Figures

CVR number: 36718005
Ellemosevej 132, 2900 Hellerup

Company information

Official name
Solution MindIT Holding ApS
Established
2015
Company form
Private limited company
Industry

About Solution MindIT Holding ApS

Solution MindIT Holding ApS (CVR number: 36718005) is a company from GENTOFTE. The company recorded a gross profit of -10.7 kDKK in 2023. The operating profit was -10.7 kDKK, while net earnings were 796.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 53.4 %, which can be considered excellent and Return on Equity (ROE) was 62.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 87.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Solution MindIT Holding ApS's liquidity measured by quick ratio was 89.9 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-6.25-6.25-8.90-8.41-10.71
EBIT-6.25-6.25-8.90-8.41-10.71
Net earnings-12.9777.97125.47746.36796.63
Shareholders equity total37.63115.59241.06937.421 616.25
Balance sheet total (assets)99.12203.37307.281 164.501 856.18
Net debt56.5063.39-29.39- 121.84- 335.33
Profitability
EBIT-%
ROA-8.6 %49.5 %48.8 %101.2 %53.4 %
ROE-29.4 %101.8 %70.4 %126.7 %62.4 %
ROI-9.4 %54.8 %59.3 %126.4 %63.1 %
Economic value added (EVA)-5.93-2.11-1.17-0.8730.22
Solvency
Equity ratio38.0 %56.8 %78.5 %80.5 %87.1 %
Gearing150.2 %54.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.84.448.089.9
Current ratio0.60.84.448.089.9
Cash and cash equivalents29.39121.84335.33
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAAAA

Variable visualization

ROA:53.4%
Rating: 96/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:87.1%
Rating: 67/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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