Mind Aps — Credit Rating and Financial Key Figures

CVR number: 35237437
Amagerbrogade 37, 2300 København S
kontakt@utzongraphics.dk
tel: 42221515
www.utzong.dk
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Company information

Official name
Mind Aps
Personnel
1 person
Established
2013
Company form
Private limited company
Industry

About Mind Aps

Mind Aps (CVR number: 35237437) is a company from KØBENHAVN. The company reported a net sales of 0.2 mDKK in 2024, demonstrating a decline of -58.8 % compared to the previous year. The operating profit percentage was poor at -145.6 % (EBIT: -0.3 mDKK), while net earnings were -215 kDKK. The profitability of the company measured by Return on Assets (ROA) was -53.5 %, which can be considered poor and Return on Equity (ROE) was -116.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 43.2 %, 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. Mind Aps's liquidity measured by quick ratio was 1.8 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales377.10503.55397.43453.43186.70
Gross profit207.81260.20198.97217.6893.87
EBIT5.14-52.50- 212.43- 188.78- 271.85
Net earnings0.30-41.97- 173.02- 152.89- 215.05
Shareholders equity total101.56168.13195.12142.23227.18
Balance sheet total (assets)251.77357.93471.60490.64526.37
Net debt-2.24-23.65-9.41-5.82-9.28
Profitability
EBIT-%1.4 %-10.4 %-53.5 %-41.6 %-145.6 %
ROA1.9 %-17.2 %-51.2 %-39.2 %-53.5 %
ROE0.3 %-31.1 %-95.3 %-90.6 %-116.4 %
ROI5.1 %-38.9 %-117.0 %-111.9 %-147.2 %
Economic value added (EVA)0.05-45.13- 177.10- 159.69- 219.19
Solvency
Equity ratio40.3 %47.0 %41.4 %29.0 %43.2 %
Gearing
Relative net indebtedness %39.2 %33.0 %67.2 %75.6 %155.3 %
Liquidity
Quick ratio1.71.91.71.41.8
Current ratio1.71.91.71.41.8
Cash and cash equivalents2.2423.659.415.829.28
Capital use efficiency
Trade debtors turnover (days)37.179.7177.2141.6288.5
Net working capital %26.9 %33.4 %49.1 %31.4 %121.7 %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:-53.5%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:43.2%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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