MINDMILL DENMARK ApS — Credit Rating and Financial Key Figures

CVR number: 32478298
Hasselager Centervej 21-23, 8260 Viby J
bogholderi@mindmill.dk

Credit rating

Company information

Official name
MINDMILL DENMARK ApS
Personnel
28 persons
Established
2009
Company form
Private limited company
Industry

About MINDMILL DENMARK ApS

MINDMILL DENMARK ApS (CVR number: 32478298) is a company from AARHUS. The company recorded a gross profit of 16.6 mDKK in 2024. The operating profit was 329.9 kDKK, while net earnings were 111.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent but Return on Equity (ROE) was 49.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 4 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. MINDMILL DENMARK ApS's liquidity measured by quick ratio was 0.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit14 802.0420 107.5824 993.6518 755.5116 631.58
EBIT4 838.645 121.995 519.3993.79329.87
Net earnings3 697.033 895.904 232.073.44111.57
Shareholders equity total4 116.394 022.294 364.36167.81279.37
Balance sheet total (assets)7 991.798 933.069 865.457 672.396 904.63
Net debt-3 056.38-3 174.26-4 574.853 902.404 430.07
Profitability
EBIT-%
ROA56.5 %60.6 %58.8 %1.1 %4.6 %
ROE86.6 %95.7 %100.9 %0.2 %49.9 %
ROI99.1 %112.3 %126.9 %2.2 %7.5 %
Economic value added (EVA)3 788.483 917.084 232.3185.62362.12
Solvency
Equity ratio51.5 %45.0 %44.2 %2.2 %4.0 %
Gearing5.5 %2.4 %3.9 %2399.6 %1607.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.31.61.60.60.6
Current ratio2.31.61.60.60.6
Cash and cash equivalents3 281.163 270.134 742.99124.3459.77
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:4.59%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:4.05%
Rating: 5/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board

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