Mindegaard FirstGen ApS — Credit Rating and Financial Key Figures

Mindegaard FirstGen ApS (CVR number: 43193627K) is a company from GREVE. The company reported a net sales of 1465.5 mDKK in 2023, demonstrating a decline of -19 % compared to the previous year. The operating profit percentage was at 0.7 % (EBIT: 10.2 mDKK), while net earnings were 13.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak but Return on Equity (ROE) was 11.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 27.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Mindegaard FirstGen ApS's liquidity measured by quick ratio was 1.4 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.