Mindturn Holding ApS — Credit Rating and Financial Key Figures

CVR number: 34887845
Rølkjær 4, 6600 Vejen
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Company information

Official name
Mindturn Holding ApS
Personnel
4 persons
Established
2012
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit- 944.94- 645.05-2 187.26-1 444.74751.04
EBIT-1 213.29- 972.08-3 792.45-2 586.09- 994.94
Net earnings- 521.2525 237.77-12 552.20- 476.34164.93
Shareholders equity total2 852.4124 828.1112 275.9111 799.578 889.16
Balance sheet total (assets)10 121.4628 496.5818 801.3924 095.8620 066.24
Net debt4 916.03-16 037.76- 192.19-4 425.262 396.34
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 ratio28.2 %87.1 %65.3 %49.0 %44.3 %
Gearing186.1 %14.6 %51.2 %65.9 %86.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.35.71.32.32.2
Current ratio1.35.91.52.52.3
Cash and cash equivalents393.1019 655.756 480.1712 205.795 251.04
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBA

Variable visualization

ROA:3.51%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:44.3%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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