OPEN MIND ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About OPEN MIND ApS
OPEN MIND ApS (CVR number: 34588422) is a company from SILKEBORG. The company recorded a gross profit of 31.9 kDKK in 2018. The operating profit was 31.9 kDKK, while net earnings were -2.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.8 %, which can be considered poor and Return on Equity (ROE) was -5.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -47.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. OPEN MIND ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016  | 2017  | 2018  | |
|---|---|---|---|
| Volume | |||
| Net sales | |||
| Gross profit | -15.30 | -33.04 | 31.88 | 
| EBIT | -15.30 | -33.04 | 31.88 | 
| Net earnings | -11.93 | -33.05 | -2.86 | 
| Shareholders equity total | 3.14 | -29.91 | -32.76 | 
| Balance sheet total (assets) | 71.65 | 66.56 | 36.45 | 
| Net debt | -10.26 | 0.44 | -4.17 | 
| Profitability | |||
| EBIT-% | |||
| ROA | -21.3 % | -39.3 % | -3.8 % | 
| ROE | -379.6 % | -94.8 % | -5.5 % | 
| ROI | -486.7 % | -1842.3 % | -1404.1 % | 
| Economic value added (EVA) | -11.93 | -30.93 | 35.42 | 
| Solvency | |||
| Equity ratio | 4.4 % | -31.0 % | -47.3 % | 
| Gearing | -1.5 % | ||
| Relative net indebtedness % | |||
| Liquidity | |||
| Quick ratio | 0.5 | 0.3 | 0.5 | 
| Current ratio | 0.5 | 0.3 | 0.5 | 
| Cash and cash equivalents | 10.26 | 4.17 | |
| Capital use efficiency | |||
| Trade debtors turnover (days) | |||
| Net working capital % | |||
| Credit risk | |||
| Credit rating | BB | BB | BB | 
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