Mindworking A/S

Development in activities and financial and economic position




Mindworking A/S has throughout the financial year entered partnerships with various companies to offer our customers new products and services that focus on digital transformation, and which comply with an increasing requirement for data security. In 2022, the housing market began to shift from a seller's to a buyer's market. The economic outlook looked relatively good, but Russia's war in Ukraine, the higher prices of energy and groceries and rising interest rates, among other things, changed the picture. The future looked more uncertain, and it had become more expensive to be Dane. This may have made many people reluctant to buy a home. As a result, significantly fewer homes and owner-occupied flats were traded, which contributed to the year's result ending with a larger loss. Mindworking’s income statement for the financial year shows a loss of DKK 14.3 million against a loss of DKK 55.5 million last year, and the company’s balance as of 31st May 2023 show a equity capital of DKK -5.8 million. The company has recieved a letter of support from it's owner and therefore are the financial terms and business operation secured for upcoming year.