Bring Courier & Express A/S — Credit Rating and Financial Key Figures

CVR number: 40868356
Ventrupparken 4, 2670 Greve
Free credit report Annual report

Company information

Official name
Bring Courier & Express A/S
Personnel
33 persons
Established
2019
Company form
Limited company
Industry

About Bring Courier & Express A/S

Bring Courier & Express A/S (CVR number: 40868356) is a company from GREVE. The company reported a net sales of 143.2 mDKK in 2024, demonstrating a growth of 6.6 % compared to the previous year. The operating profit percentage was at 3 % (EBIT: 4.3 mDKK), while net earnings were 3101 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.5 %, which can be considered excellent and Return on Equity (ROE) was 64.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 19.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Bring Courier & Express A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales74.9268.12108.91134.39143.24
Gross profit12.4710.8415.4021.7123.04
EBIT1.821.05-0.032.204.30
Net earnings1.350.74-0.010.823.10
Shareholders equity total1.752.482.473.296.39
Balance sheet total (assets)16.4616.8022.9625.2732.71
Net debt7.047.6011.7110.9114.12
Profitability
EBIT-%2.4 %1.5 %-0.0 %1.6 %3.0 %
ROA15.7 %6.4 %-0.1 %9.2 %15.5 %
ROE125.4 %34.9 %-0.6 %28.5 %64.1 %
ROI24.2 %10.7 %-0.1 %15.5 %25.7 %
Economic value added (EVA)1.070.34-0.530.842.50
Solvency
Equity ratio10.6 %14.8 %10.8 %13.0 %19.5 %
Gearing403.2 %305.8 %474.0 %331.6 %220.8 %
Relative net indebtedness %19.6 %21.0 %18.7 %16.2 %18.4 %
Liquidity
Quick ratio0.80.91.01.01.2
Current ratio0.80.91.01.01.2
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)49.060.854.453.573.3
Net working capital %-4.3 %-2.2 %-0.8 %0.7 %3.5 %
Credit risk
Credit ratingBBBABBBBBBA

Variable visualization

ROA:15.5%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:19.5%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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