Bifrost Motors ApS

CVR number: 12925123
Ittukasiup Aqquserna 10, 3911 Sisimiut

Credit rating

Company information

Official name
Bifrost Motors ApS
Established
2017
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About Bifrost Motors ApS

Bifrost Motors ApS (CVR number: 12925123) is a company from QEQQATA. The company recorded a gross profit of 743.1 kDKK in 2023. The operating profit was 435.1 kDKK, while net earnings were 320.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.2 %, which can be considered excellent and Return on Equity (ROE) was 17.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -10 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Bifrost Motors ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit270.64231.59571.55- 883.94743.08
EBIT270.64131.60340.20-1 150.59435.06
Net earnings153.2061.44180.35-1 232.23320.51
Shareholders equity total497.98559.42739.77- 492.46- 171.95
Balance sheet total (assets)1 774.832 717.602 713.272 097.541 547.36
Net debt585.071 576.36831.501 482.351 030.27
Profitability
EBIT-%
ROA14.8 %6.0 %12.5 %-43.4 %20.2 %
ROE36.4 %11.6 %27.8 %-86.9 %17.6 %
ROI21.9 %8.4 %18.3 %-75.3 %34.6 %
Economic value added (EVA)167.2668.10180.43-1 222.25452.73
Solvency
Equity ratio28.1 %22.2 %35.0 %-23.2 %-10.0 %
Gearing117.5 %281.8 %112.4 %-301.0 %-599.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.60.40.30.4
Current ratio1.42.02.10.81.2
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:20.2%
Rating: 74/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-10.0%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

Build time: 2024-10-21T13:51:26.142Z

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