Mindweiss Group ApS — Credit Rating and Financial Key Figures

CVR number: 39314177
Gersonsvej 33, 2900 Hellerup
ow@mindweiss.com
tel: 40576555

Credit rating

Company information

Official name
Mindweiss Group ApS
Established
2018
Company form
Private limited company
Industry

About Mindweiss Group ApS

Mindweiss Group ApS (CVR number: 39314177) is a company from GENTOFTE. The company reported a net sales of 0.3 mDKK in 2023, demonstrating a growth of -117.9 % compared to the previous year. The operating profit percentage was at 95 % (EBIT: 0.2 mDKK), while net earnings were 235.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.1 %, which can be considered excellent and Return on Equity (ROE) was 81 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -59.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Mindweiss Group ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales27.78180.89-1 445.37258.28
Gross profit420.22-8.97172.82-1 457.81245.24
EBIT420.22-8.97172.82-1 457.81245.24
Net earnings327.36455.00162.65-1 469.22235.56
Shareholders equity total608.081 063.08925.73- 843.49- 607.93
Balance sheet total (assets)908.121 429.251 230.26165.01416.98
Net debt80.4273.77250.91309.46356.46
Profitability
EBIT-%1512.7 %95.5 %95.0 %
ROA46.3 %39.4 %13.0 %-130.2 %24.1 %
ROE53.8 %54.5 %16.4 %-269.4 %81.0 %
ROI43.5 %50.4 %14.9 %-135.1 %24.6 %
Economic value added (EVA)358.8017.81194.99-1 424.90295.53
Solvency
Equity ratio67.0 %74.4 %75.2 %-83.6 %-59.3 %
Gearing13.2 %6.9 %27.1 %-36.7 %-58.6 %
Relative net indebtedness %1080.0 %168.4 %-23.3 %141.5 %
Liquidity
Quick ratio0.10.60.40.40.4
Current ratio0.10.60.40.40.4
Cash and cash equivalents0.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-993.2 %-99.4 %14.1 %-87.6 %
Credit risk
Credit ratingBBBAABBBBB

Variable visualization

ROA:24.1%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-59.3%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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