BANG HEATEXCHANGE ApS — Credit Rating and Financial Key Figures

CVR number: 20935979
Stenvej 16, 7200 Grindsted
bang@bangheat.dk
tel: 75321850
Free credit report Annual report

Company information

Official name
BANG HEATEXCHANGE ApS
Personnel
1 person
Established
1998
Company form
Private limited company
Industry

About BANG HEATEXCHANGE ApS

BANG HEATEXCHANGE ApS (CVR number: 20935979) is a company from BILLUND. The company recorded a gross profit of 134.7 kDKK in 2024. The operating profit was 14.9 kDKK, while net earnings were 9.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2 %, which can be considered weak but Return on Equity (ROE) was 4.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 28.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. BANG HEATEXCHANGE ApS's liquidity measured by quick ratio was 1.6 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit201.00109.16133.90180.65134.72
EBIT181.2089.36113.68160.8414.91
Net earnings140.2566.2184.90122.929.05
Shareholders equity total109.13175.34210.24258.16142.21
Balance sheet total (assets)257.72366.31726.44939.18564.30
Net debt-96.46- 206.82- 328.70- 215.82- 171.49
Profitability
EBIT-%
ROA71.7 %28.6 %20.8 %19.3 %2.0 %
ROE138.2 %46.6 %44.0 %52.5 %4.5 %
ROI103.1 %39.9 %41.6 %50.8 %5.2 %
Economic value added (EVA)138.7273.1794.31135.3313.72
Solvency
Equity ratio42.3 %47.9 %28.9 %27.5 %28.3 %
Gearing75.0 %46.2 %38.2 %32.5 %62.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.71.91.41.41.6
Current ratio1.71.91.41.41.3
Cash and cash equivalents178.27287.89409.10299.73260.26
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:1.98%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:28.3%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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