MindRocket ApS — Credit Rating and Financial Key Figures

CVR number: 38744151
Bugattivej 8, 7100 Vejle

Credit rating

Company information

Official name
MindRocket ApS
Established
2017
Company form
Private limited company
Industry
  • Expand more icon85Education

About MindRocket ApS

MindRocket ApS (CVR number: 38744151) is a company from VEJLE. The company recorded a gross profit of -245.6 kDKK in 2019. The operating profit was -541.7 kDKK, while net earnings were -435.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -118.9 %, which can be considered poor and Return on Equity (ROE) was -178.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -35.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. MindRocket ApS's liquidity measured by quick ratio was 0.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2017
2018
2019
Volume
Net sales
Gross profit115.72666.70- 245.56
EBIT- 131.45109.63- 541.70
Net earnings- 102.5376.06- 435.95
Shareholders equity total297.47373.53-62.42
Balance sheet total (assets)468.92734.49114.33
Net debt- 309.15- 424.66176.29
Profitability
EBIT-%
ROA-28.0 %18.5 %-118.9 %
ROE-34.5 %22.7 %-178.7 %
ROI-33.9 %29.3 %-197.0 %
Economic value added (EVA)- 102.53100.17- 412.68
Solvency
Equity ratio63.4 %50.9 %-35.3 %
Gearing30.5 %-282.4 %
Relative net indebtedness %
Liquidity
Quick ratio2.72.00.6
Current ratio2.72.00.6
Cash and cash equivalents400.00424.66
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBB

Variable visualization

ROA:-118.9%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-35.3%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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