Mindturn Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Mindturn Holding ApS
Mindturn Holding ApS (CVR number: 34887845) is a company from VEJEN. The company recorded a gross profit of 751 kDKK in 2024. The operating profit was -994.9 kDKK, while net earnings were 164.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak and Return on Equity (ROE) was 1.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 44.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Mindturn Holding ApS's liquidity measured by quick ratio was 2.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 944.94 | - 645.05 | -2 187.26 | -1 444.74 | 751.04 |
EBIT | -1 213.29 | - 972.08 | -3 792.45 | -2 586.09 | - 994.94 |
Net earnings | - 521.25 | 25 237.77 | -12 552.20 | - 476.34 | 164.93 |
Shareholders equity total | 2 852.41 | 24 828.11 | 12 275.91 | 11 799.57 | 8 889.16 |
Balance sheet total (assets) | 10 121.46 | 28 496.58 | 18 801.39 | 24 095.86 | 20 066.24 |
Net debt | 4 916.03 | -16 037.76 | - 192.19 | -4 425.26 | 2 396.34 |
Profitability | |||||
EBIT-% | |||||
ROA | -17.2 % | 131.6 % | -11.3 % | 28.5 % | 3.5 % |
ROE | -15.1 % | 182.4 % | -67.7 % | -4.0 % | 1.6 % |
ROI | -4.2 % | 138.8 % | -14.1 % | 12.4 % | 4.3 % |
Economic value added (EVA) | -1 670.85 | -1 449.77 | -5 221.86 | -2 768.96 | -1 978.84 |
Solvency | |||||
Equity ratio | 28.2 % | 87.1 % | 65.3 % | 49.0 % | 44.3 % |
Gearing | 186.1 % | 14.6 % | 51.2 % | 65.9 % | 86.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.3 | 5.7 | 1.3 | 2.3 | 2.2 |
Current ratio | 1.3 | 5.9 | 1.5 | 2.5 | 2.3 |
Cash and cash equivalents | 393.10 | 19 655.75 | 6 480.17 | 12 205.79 | 5 251.04 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | A |
Variable visualization
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