Bifrost Productions ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Bifrost Productions ApS
Bifrost Productions ApS (CVR number: 38458485) is a company from KØBENHAVN. The company recorded a gross profit of 1535.4 kDKK in 2023. The operating profit was -493.1 kDKK, while net earnings were -509.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -21.7 %, which can be considered poor and Return on Equity (ROE) was -42.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 67.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Bifrost Productions ApS's liquidity measured by quick ratio was 3.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 450.81 | 2 279.21 | 1 474.63 | 2 962.52 | 1 535.37 |
EBIT | 62.20 | 338.81 | 399.12 | 580.52 | - 493.10 |
Net earnings | 14.49 | 242.99 | 271.56 | 426.27 | - 509.15 |
Shareholders equity total | 672.66 | 915.65 | 1 306.30 | 1 507.88 | 905.51 |
Balance sheet total (assets) | 1 721.36 | 1 739.34 | 2 414.09 | 3 169.23 | 1 350.06 |
Net debt | - 304.18 | - 372.28 | - 811.85 | -1 823.65 | - 515.87 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.6 % | 19.6 % | 19.2 % | 20.8 % | -21.7 % |
ROE | 2.2 % | 30.6 % | 24.4 % | 30.3 % | -42.2 % |
ROI | 6.9 % | 32.8 % | 29.3 % | 32.7 % | -33.0 % |
Economic value added (EVA) | 44.16 | 245.13 | 262.16 | 437.29 | - 464.14 |
Solvency | |||||
Equity ratio | 39.1 % | 52.6 % | 54.1 % | 47.6 % | 67.1 % |
Gearing | 34.6 % | 27.2 % | 19.2 % | 17.3 % | 0.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.5 | 2.0 | 2.2 | 2.2 | 3.5 |
Current ratio | 1.5 | 2.0 | 2.2 | 2.2 | 3.5 |
Cash and cash equivalents | 536.81 | 621.62 | 1 062.50 | 2 084.08 | 516.14 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BB |
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