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 1830.3 mDKK in 2024, demonstrating a growth of 24.9 % compared to the previous year. The operating profit percentage was at 2.8 % (EBIT: 51 mDKK), while net earnings were 46.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.2 %, which can be considered decent but Return on Equity (ROE) was 34.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.5 %, 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 1.5 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.