Converging Minds ApS — Credit Rating and Financial Key Figures

Converging Minds ApS (CVR number: 38904728) is a company from FREDENSBORG. The company recorded a gross profit of 4959.5 kDKK in 2019. The operating profit was 29.2 kDKK, while net earnings were 13.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.5 %, which can be considered weak and Return on Equity (ROE) was 1.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 58.2 %, 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. Converging Minds ApS's liquidity measured by quick ratio was 2.3 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.