Mindturn Holding ApS — Credit Rating and Financial Key Figures

Mindturn Holding ApS (CVR number: 34887845) is a company from VEJEN. The company recorded a gross profit of -1444.7 kDKK in 2023. The operating profit was -2586.1 kDKK, while net earnings were -476.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -20.4 %, which can be considered poor and Return on Equity (ROE) was -4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 49 %, 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 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.