Mind Ways IVS — Credit Rating and Financial Key Figures

Mind Ways IVS (CVR number: 39915332) is a company from SVENDBORG. The company reported a net sales of 0.1 mDKK in 2020, demonstrating a decline of -51.5 % compared to the previous year. The operating profit percentage was at 17.7 % (EBIT: 0 mDKK), while net earnings were 22.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 65.7 %, which can be considered excellent and Return on Equity (ROE) was 101.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 57.8 %, 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 Ways IVS's liquidity measured by quick ratio was 2.4 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.